Italy in talks over $1.5 billion SpaceX security services deal, Bloomberg News reports
By
Binu Mathew
Italy is in advanced talks with Elon Musk’s SpaceX over a 1.5 billion euro ($1.55 billion) deal for the company to provide secure telecommunications to the government, Bloomberg News reported on Sunday.
Discussions are ongoing and a final agreement on the five-year contract has not been reached, but the project has already been approved by Italy’s Intelligence Services and Defence Ministry, the report said, citing unnamed sources.