Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Italy's Meloni defends Musk's political comments amid Starlink talks
    Finance

    Italy's Meloni defends Musk's political comments amid Starlink talks

    Published by Global Banking & Finance Review®

    Posted on January 10, 2025

    3 min read

    Last updated: January 27, 2026

    Italian Prime Minister Giorgia Meloni addresses concerns over Elon Musk's political comments during a press conference, linking them to potential Starlink communications deals in Italy.
    Italian Prime Minister Giorgia Meloni discusses Elon Musk's role in politics - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Italian PM Giorgia Meloni defends Elon Musk's political comments as Italy considers a Starlink deal for secure communications, citing national interest.

    Meloni Backs Musk's Political Role Amid Starlink Talks

    By Angelo Amante

    ROME (Reuters) -Italian Prime Minister Giorgia Meloni defended Elon Musk's growing involvement in politics on Thursday and said she had never discussed with him a potential deal to supply secure communications to Italy.

    The right-wing leader dismissed concerns about political interference as the U.S. tech billionaire, an ally of President-elect Donald Trump, steps up his comments on European politics on his social media site X.

    Meloni has a good relationship with Musk and those ties are in the spotlight in Italy as the government weighs up a possible contract relying on Starlink, part of Musk's SpaceX business.

    "I evaluate foreign investments through a single lens, which is the lens of national interest, not friendships or political ideas of those who may invest," Meloni said.

    "I also take this opportunity to tell you that I have never personally spoken with Elon Musk about these matters," Meloni added during a 2-1/2 hour press conference when the subject of Musk was repeatedly raised.

    SpaceX is discussing a five-year deal worth a total 1.5 billion euros ($1.6 billion), a source with knowledge of the matter said. The project has been sharply criticised by opposition parties questioning whether the handling of such communications should be entrusted to a Musk company.

    "We are simply in the investigative phase, which is why I don't understand all the accusations that have been made. Is the problem with SpaceX that it's a private company, or is it Elon Musk's political ideas?" Meloni added.

    NO DANGER TO DEMOCRACY

    Italy is evaluating the use of Musk's space-based telecommunications system to provide secure communications between the government, Italian diplomats and defence officials operating in sensitive areas across the Mediterranean.

    Meloni said Italy faced a dilemma over how to protect its sensitive communications as there are currently no Italian or EU-backed alternative systems to Starlink.

    Full rollout of the EU's IRIS2 (Iris squared) satellite constellation is not expected before the end of 2030.

    "Either we talk to a private company or we do not protect this data. What is the preferable scenario between two sub-optimal scenarios?" said Meloni.

    Musk has been setting the political agenda with attacks on British Prime Minister Keir Starmer and his endorsement of the far-right AfD party ahead of an election in Germany next month.

    But Meloni defended Musk's right to speak his mind.

    "I do not see this danger to democracy. Elon Musk is a very well-known and wealthy person who expresses his ideas," Meloni said.

    (Reporting by Angelo Amante; Writing by Keith Weir and Giselda Vagnoni; Editing by Crispian Balmer and Andrea Ricci)

    Key Takeaways

    • •Italian PM Meloni supports Elon Musk's political involvement.
    • •Meloni clarifies no personal discussions with Musk on Starlink.
    • •Italy considers Starlink for secure government communications.
    • •Opposition questions reliance on Musk's SpaceX for security.
    • •EU's IRIS2 satellite system not ready until 2030.

    Frequently Asked Questions about Italy's Meloni defends Musk's political comments amid Starlink talks

    1What is the main topic?

    The article discusses Italian PM Giorgia Meloni's defense of Elon Musk's political involvement amid talks on a Starlink deal for secure communications.

    2Why is Italy considering Starlink?

    Italy is evaluating Starlink to provide secure communications due to a lack of Italian or EU-backed alternatives until 2030.

    3What are the concerns about the Starlink deal?

    Opposition parties are concerned about entrusting secure communications to a private company like SpaceX, led by Musk.

    More from Finance

    Explore more articles in the Finance category

    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    View All Finance Posts
    Previous Finance PostExplainer-How Musk's interview with German AfD leader squares with EU laws
    Next Finance PostTotalEnergies to pay $5 million to settle US FERC natgas manipulation case