The European Space Agency is concerned about Musk

6 December 2021, 15:59

Musk controls 50% of the satellites in Earth’s orbit

According to Josef Aschbacher, who heads the European Space Agency, companies founded by American businessman Elon Musk have begun to dictate their own rules in outer space, according to Prostomob.

Musk is accused of dominance in the space industry, a top executive expressed fears that Musk’s companies will take control of the new space economy.

In an interview with the Financial Times, Aschbacher noted that Musk controls 50% of the satellites in low Earth orbit and is quite capable of setting its own rules of the game in outer space. And he expressed fear that this would affect the whole world.

Aschbacher pointed out that the opportunities of other market participants were limited and turned to the European authorities with a recommendation to take care of healthy market competition.

The FT material highlights the opinion of the head of the Luxembourg Ministry of the Economy, F. Faoy: it is proposed to approve uniform rules for the use of an orbit near the earth.

According to the head of the Russian state-owned company Roscosmos, Dmitry Rogozin, Starlink, which is used by the SpaceX company founded by Musk, will be used by the Pentagon for military purposes.

Remember, according to Forbes, 2021 Musk came second. in the list of the richest people on our planet. Asset Capitalization – $ 151 billion, Wealth Source – Tesla. Elon’s 45-year-old brother, Kimbal Musk, runs Square Root, a vertical farm. First on the Forbes list is Jeff Bezos, founder of Amazon’s online store, as well as founder and owner of the airline Blue Origin, owner of The Washington Post. Asset capitalization – $ 177 billion. Third place – Mark Zuckerbergfounder of Facebook (Meta) – $ 134.5 billion, and Bill Gates ranked fourth, according to Forbes 2021. The capitalization of its assets is: $ 124 billion, the source of wealth is Microsoft, investment. He became the largest private owner of agricultural land in 19 US states, owned directly or indirectly by Cascade Investments, an investment fund of the Gates family. Bill Gates has joint projects with Warren Buffett, which, with a capital value of 96 billion dollars, is in 6th place in Forbes 2021. Buffett is the leader of the American holding company Berkshire Hathaway. It owns GEICO, Dairy Queen, Duracell, BNSF Railway, Lubrizol, Fruit of the Loom, Diamonds Helzberg, Long & Foster, FlightSafety International, Pampered Chef and NetJets, and 38.6% of Pilot Flying J[6]26.8% of Kraft Heinz, and also American Express (17.15%), Coca-Cola Company (9.4%), Wells Fargo (9.9%), IBM (6.9%), Apple (5 , 5%)[7] and Bank of America (10.86%). Berkshire owns companies in different directions.

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