• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
TechElon Musk

As Musk visits Netanyahu in Israel, minister claims there’s a deal in the works with Starlink

By
Simon Marks
Simon Marks
,
Marissa Newman
Marissa Newman
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Simon Marks
Simon Marks
,
Marissa Newman
Marissa Newman
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
November 28, 2023, 12:41 AM ET
Musk, Netanyahu
In this handout image provided by the GPO, Israel's Prime Minister Benjamin Netanyahu (C) takes Elon Musk (L) on a tour of Kibbutz Kfar Aza after the October 7th Massacre took place there, on November 27, 2023 in Kfar Aza, Israel.Amos Ben-Gershom (GPO)/ Getty Images
Add Fortune on Google for similar content.

A week ago, Elon Musk was facing international backlash after endorsing antisemitic content on his social media platform, X. Corporations including Apple Inc. and Walt Disney Co. stopped advertising on the site in protest of hateful and racist commentary.

Recommended Video

And yet on Monday, Musk was in Israel being welcomed by the nation’s political elite — including Prime Minister Benjamin Netanyahu — to visit the region where the Islamic militant group Hamas murdered 1,200 people on Oct. 7. 

For all of Musk’s stumbles, world leaders can’t afford to criticize or alienate him for long: The world’s richest person holds the keys to powerful technological tools. In this case, Starlink, his satellite internet provider, is at the heart of his political clout. Starlink, which is owned and operated by Musk’s rocket company SpaceX, formally named Space Exploration Technologies Corp., has provided him with the ability to woo world leaders from Ukraine President Volodymyr Zelenskiy to officials at the Pentagon, by offering essential communications services. 

“Musk is not just a player that should be regulated by the American government. He’s a global order player, who should probably have a seat at the UN Security Council,” said Tehilla Shwartz Altshuler, a senior fellow at the Israel Democracy Institute. “Elon Musk can simply shirk his responsibilities and that’s because of his power.”

While Musk toured the Kfar Aza kibbutz, where some of the worst violence occurred last month, wearing a protective vest and snapping photos or videos on his phone, Israel’s Communications Minister Shlomo Karhi tweeted about a deal the ministry is discussing with Starlink. A representative for SpaceX didn’t reply to a request for comment.

Musk had proposed providing internet services to Gaza last month and said Starlink could help support connectivity with “internationally recognized aid organizations.” But Karhi rejected the offer at the time, saying “Hamas will use it for terrorist activities.”

Musk, who calls himself a free-speech absolutist, often weighs in on political matters on X, which he bought last year for $44 billion. But he may have gone a step too far earlier this month after agreeing with an antisemitic post, which said that Jewish people hold a “dialectical hatred” of white people. The global response was swift and fierce. The New York Times reported that the exodus of advertisers could cost X as much as $75 million in lost revenue this year. 

It wasn’t clear how Musk’s trip to Israel came about, whether he was invited by Netanyahu or requested the trip himself. But his generally warm welcome in the country mixed pleas for regulating antisemitic commentary on X with discussions of satellites. 

Starlink now counts more than 4,500 satellites in space, more than half of all active satellites, that communicate with terminals on Earth to provide high-speed internet. Based in Hawthorne, California, the closely held company was valued last year at about $140 billion and could eventually seek a public listing.

Starlink’s service in Ukraine raises questions about how it may be used in the war between Israel and Hamas. Since the early days of Russia’s invasion of Ukraine, Musk has provided Starlink dishes to the country, but the service has been subject to his capricious whims. 

Last year, Musk suggested Kyiv should cede the Crimea region to Russia as part of a peace deal. After sharp criticism erupted over his comments, Musk threatened to cut support for Starlink in Ukraine, saying SpaceX couldn’t carry the cost indefinitely, only to later reverse that position. This summer, the Pentagon confirmed that it is buying Starlink communications terminals for use by the Ukraine military against Russia. 

Russian President Vladimir Putin praised Musk earlier this year for refusing a Ukrainian request to use the Starlink satellite communication network in the Russian-annexed Crimean port city of Sevastopol to strike Russia’s Black Sea fleet. Musk said he refused it to avoid complicity in a “major act of war and conflict escalation.”  

As chief executive officer of electric vehicle maker Tesla Inc. Musk’s business ties in China have also put him at odds with Taiwan, which is seeking a system of satellites operating in low-Earth orbit. Musk and his Starlink network are one clear solution, but Taiwan distrusts the billionaire, given his pro-Beijing comments. 

While Musk’s political views have often put him in hot water with world leaders, he has made efforts in recent months with Israel. Musk and Netanyahu met in September in California, where the two men did in fact discuss the issue of rampant antisemitism on X. At the time, Musk said, “obviously I’m against antisemitism. I’m against anti-anything that promotes hate and conflict.” 

On Monday, Netanyahu showed Musk a video of the atrocities carried out by Hamas. The two men talked on a public broadcast on X and agreed on helping to rebuild Gaza and support for the Palestinians.

If Netanyahu’s aim was to convince Musk of Hamas’ brutality and hatred of Israel, he may have achieved that. But, according to Altshuler, Musk’s power as owner of Starlink and X far outweighs his personal beliefs.

“We see X is not removing any neo-Nazi antisemitic content and accounts, from the President of Iran to Jackson Hinkle,” she said, referring to the American political commentator and social media influencer. “It’s against the community standards of X, which is compensating financially those accounts based on their new ad-sharing plan.”

About the Authors
By Simon Marks
See full bioRight Arrow Button Icon
By Marissa Newman
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Tech

AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agents
AIAdvanced Micro Devices
AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agents
By Sebastian HerreraJuly 23, 2026
6 hours ago
Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (
Big TechWall Street
AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it
By Eva RoytburgJuly 23, 2026
7 hours ago
Innovaccer's founders sit in chairs on a stage
AIData
Innovaccer’s CEO walked away from Disney and NASA to fix healthcare’s data mess. Now the startup has crossed $200 million in ARR
By Lily Mae LazarusJuly 23, 2026
7 hours ago
cc
AISocial Media
Coke on its rebrand accidentally nailing Gen Z’s ‘fridge cigarette’ joke: ‘building on on the things people already know and love’
By Tatiana SatauaJuly 23, 2026
8 hours ago
Photo of Mark Zuckerberg
AIMark Zuckerberg
‘Call us whatever the hell you want’: Mark Zuckerberg just launched an AI optimism blitz using nostalgia to sell Meta’s AI future amid backlash
By Mia OsmonbekovJuly 23, 2026
9 hours ago
bots
AIAI agents
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet’s business model
By Mia OsmonbekovJuly 23, 2026
9 hours ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
22 hours ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 days ago
Current price of oil as of July 23, 2026
Personal Finance
Current price of oil as of July 23, 2026
By Joseph HostetlerJuly 23, 2026
19 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.