Robert Reich Calls to Seize SpaceX and Starlink from Elon Musk
As seen on the 24/7 Wall St. homepage on October 25, 2026.
Nationalization talk aimed at the satellite network the Pentagon leans on is now mainstream commentary, and that political risk reaches SpaceX's private valuation and the listed space names priced against it.
BREAKING: Robert Reich calls for the "defunding" of Elon Musk and suggests that SpaceX / Starlink should be seized by the government. https://t.co/wzCSRv8uXt
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Robert Reich, the former U.S. Secretary of Labor and prominent progressive commentator, publicly called for the "defunding" of Elon Musk and suggested that SpaceX and its Starlink satellite network should be seized by the government.
That kind of nationalization talk would carry weight for any private company, but it lands differently when the target is a satellite network the Pentagon depends on heavily for communications and defense infrastructure.
Political risk of this nature is difficult to price, and pressure on SpaceX's private valuation ripples outward to the publicly listed space and satellite companies that investors benchmark against it.
Whether or not seizure ever advances beyond commentary, it has entered mainstream political discourse, and investors should be tracking it right now.