Putin praises Elon Musk as a ‘real genius’ as Russia develops Starlink alternative
According to reporting by CNBC International Markets, Russia is trying to develop is own version of the satellite constellation Starlink: Rassvet.
International wire reporting from the CNBC International Markets confirms significant developments in United States. Global observers and diplomatic missions are monitoring strategic and macroeconomic ramifications.
“International wire reporting from the CNBC International Markets confirms significant developments in United States. Global observers and diplomatic missions are monitoring strategic and macroeconomic ramifications.”
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- •Official Issuing Wire: CNBC International Markets
- •Editorial Desk: Global Economy
- •Coverage Domain: WORLD
- •Publication Status: Verified Journalistic Dispatch
Executive Briefing
According to reporting by CNBC International Markets, Russia is trying to develop is own version of the satellite constellation Starlink: Rassvet.
Detailed Factual Report
Russian President Vladimir Putin has called SpaceX CEO Elon Musk a "genius," as he revealed the two are in "close contact" about developing a Russian alternative to Starlink.
"Elon Musk is a genius, truly a genius," Putin said at the Russia-Africa Summit in Moscow on Wednesday. "He has already had more than 5,000 such satellites in orbit, while we are only taking the first steps," he said at an event where he discussed Russia's own satellite connectivity project, Rassvet.
Rassvet is a satellite internet constellation in low Earth orbit, built by the Russian private aerospace company Bureau 1440.
"We are proud that we have begun doing this and that we have started doing it independently," Putin said according to a translation. "We are in close contact with our U.S. partners, including Mr Musk."
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Information in this article was compiled directly from records provided by CNBC International Markets. Access the primary source document at: https://www.cnbc.com/2026/10/29/putin-elon-musk-starlink-ukraine.html. Reporting and editorial review conducted by the USA NOW News Desk.
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Official communications from CNBC International Markets highlight significant international developments and strategic implications involving United States.
Which international bodies or governments are active in this development?
Reporting indicates engagement among foreign ministries, diplomatic representatives, and international monitoring institutions.
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Direct official transcripts and bulletins are distributed via CNBC International Markets at https://www.cnbc.com/2026/10/29/putin-elon-musk-starlink-ukraine.html.
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- CNBC International Markets — https://www.cnbc.com/2026/10/29/putin-elon-musk-starlink-ukraine.html
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