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US officials, however, have denied ordering any slowdown. Defence secretary Pete Hegseth said Washington had not directed any reduction in the satellite services, while secretary of state Marco Rubio maintained that the White House was not responsible for the reported disruption. Speaking to reporters, Hegseth said the US military had not instructed any changes to…
Gold wavered as traders assessed the Federal Reserve’s interest-rate path and the status of negotiations to end the war in Iran.
SpaceX shares rose 4.9% in extended trading following the remarks. Speculation about a potential deal has grown in recent weeks, with Barclays suggesting last week that an announcement could come before Tesla’s annual meeting in December. Musk has previously floated the idea, pointing to increasing overlap between the businesses. The merger discussions came as SpaceX…
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