China's military, state media slam U.S. after report on SpaceX spy satellites [CNBC]
Tesla, Inc. (TSLA)
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Source: CNBC
Elon Musk's SpaceX was building hundreds of spy satellites for a U.S. intelligence agency. SpaceX's Starshield unit is developing the satellite network under a classified $1.8 billion contract with the National Reconnaissance Office, or NRO, Reuters reported on Friday, citing five sources familiar with the program. A social media account run by the People's Liberation Army, or PLA, said the SpaceX program exposed the United States' “shamelessness and double standards” as Washington accuses Chinese tech companies of threatening U.S. security. “We urge U.S. companies to not help a villain do evil,” Junzhengping, an account run by the PLA, posted on social media platform Weibo on Sunday. The account has 1.1 million followers. “All countries worldwide should be vigilant and protect against new and even bigger security threats created by the U.S. government,” the post said. Wang Yanan, chief editor of Aerospace Knowledge, a magazine overseen by the ruling Communist Party, was quo
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