Elon Musk's SpaceX plans a $1.5 billion investment in Vietnam to advance its Starlink satellite services, potentially resolving previous negotiation stalemates. Vietnam presents a promising market due to its large population and current communication challenges,

Elon Musk's SpaceX plans to invest $15 billion in Vietnam in the near future, the government of the Communist-run nation said on Thursday, which could help resolve a stalemate over the launch of its Starlink satellite services there.

Vietnam is considering a proposal from SpaceX for a $15 billion investment in Starlink services in the country, according to a report from Bloomberg.

SpaceX is proposing to invest $1.5 billion in Vietnam tied to its Starlink satellite service in the near future, the government said, citing a meeting between the company’s Senior Vice President Tim Hughes and the Communist Party’s General Secretary To Lam.

SpaceX plans to invest $1.5 billion in Vietnam, the Vietnamese government said in a statement on Thursday. The statement came after a meeting in New York between Vietnamese President To Lam and Tim Hughes,

SpaceX wants to invest US$1.5 billion in Vietnam, where it sees great potential for satellite Internet development.

SpaceX plans to invest $1.5 billion in Vietnam, potentially resolving a stalemate over its Starlink satellite services. Talks had stalled but resumed later. Vietnam's government is considering the proposal,

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