• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Air Force Secretary Addresses SpaceX Security Concerns

by December 18, 2024
written by December 18, 2024

Investing.com — On Tuesday, Air Force Secretary Frank Kendall responded to concerns raised by Democratic senators regarding Elon Musk’s reported communications with Russian leaders. Kendall assured the senators of the Pentagon’s commitment to security and the presence of sufficient competition within its space programs to mitigate any risks of over-reliance on Musk’s SpaceX.

Kendall’s response came in a letter dated December 13, to Senator Jeanne Shaheen and Senate Armed Services Committee Chairman Jack Reed. The letter, which Bloomberg News obtained, highlighted Kendall’s alignment with the senators’ security concerns but did not provide specific details about these apprehensions.

The correspondence follows a previous letter from the senators, sparked by an October report from The Wall Street Journal. The report claimed that Musk had engaged in conversations with Russian President Vladimir Putin and maintained ongoing contact with other high-ranking Russian officials since as early as 2022.

The Air Force Secretary emphasized the competitive nature of the satellite launch contracts managed by the Space Force and the Space Development Agency. These agencies are responsible for the expedited deployment of surveillance and communication satellites into low-earth orbit, a process that involves multiple providers to ensure diversity and resilience in the U.S. space program.

While Russia has refuted the allegations of discussions between Musk and its officials, Musk himself has mocked the report, resorting to humor rather than outright denial. In a tweet responding to the story’s implications, he used laughing emojis to downplay the suggestion that he might be acting as a Russian agent.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Top Senate Republican urges Supreme Court to reject TikTok appeal
next post
Ford Motor appoints new quality head to tackle recall issues

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Lawyer group urges overhaul of US bank charter...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Trump implies government could cut contracts and subsidies to Musk’s companies

      June 7, 2025
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (505)
    • Stock (6,426)

    Latest News

    • Trump implies government could cut contracts and subsidies to Musk’s companies
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

    Popular News

    • S&P 500, Nasdaq climb; markets analyze Trump’s tariff threats, Fed minutes
    • Citigroup nears Mexican consumer bank spinoff, WSJ reports

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy