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Elon Musk to meet chiefs of Indian space companies: Know-why?

The reports have stated that the prominent space startups of India- Skyroot Aerospace, Dhruva Space, Bellatrix Aerospace and Agnikul Cosmos have received requests from the government for a meeting with Musk in the NCR.

Saumya Nigam Edited By: Saumya Nigam @snigam04 New Delhi Updated on: April 17, 2024 19:23 IST
Elon Musk, tech news
Image Source : FILE Elon Musk to meet chiefs of Indian space companies

Elon Musk, the CEO of SpaceX will be meeting the representatives of Indian space companies during his visit to India, which has been scheduled for next week (April 2024). As per the media reports, the tech billionaire confirms his visit via a post on X.com (formerly known as Twitter), confirming the visit.

“Looking forward to meeting with Prime Minister @NarendraModi in India!” Musk said.

The Tesla CEO will reportedly meet PM Modi "in the week of April 22 in New Delhi".

As per media reports, prominent space startups including Dhruva Space, Skyroot Aerospace, Agnikul Cosmos, and Bellatrix Aerospace have received requests from the government for a meeting with Musk in the national capital.

Musk’s visit may also pave the way for SpaceX’s Starlink and Tesla’s entry into India.

Ahead of the visit, the satellite-based internet service Starlink has received tentative approval from the Ministry of Communications and is awaiting final clearance by the Home Ministry on some security issues.

Musk is also expected to make other big announcements on investments in the country between $2 billion to $3 billion.

India’s space sector has seen tremendous growth in the last 10 years. From just one registered startup in the space sector -- Dhruva Space from Hyderabad in 2012, the country now has close to 200 startups.

Together, these private space startups invested more than Rs 1,000 crore between April to December 2023.

Recently, Elon Musk announced that a new update will be rolled out soon, which will charge a 'small' fee for activities such as liking, posting, replying, and bookmarking tweets. The decision to impose fees on new users follows a testing phase in New Zealand and the Philippines. The move aims to address issues of spam and enhance user experience on the platform.

ALSO READ: Long-serving Microsoft worker adopts ‘Open to Anything’ mindset following termination

Inputs from IANS

 

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