SpaceX has won a $2.29 billion contract from the U.S. Space Force to build a military satellite communications network, with a working prototype required by the end of 2027. The project aims to create a space data network backbone using low-Earth-orbit satellites and optical links to speed up and harden U.S. military communications. The effort is linked to Pentagon modernisation plans and the Golden Dome defence structure.

Questions over business expansion and possible governance changes at Kakao Mobility have surfaced at the same time. As talk emerges of Uber taking management control, Kakao Mobility has continued a profitability improvement trend with operating profit rising for a third straight year. Uber Taxi launched its Premier Van service to target demand for large-vehicle ride-hailing. Tesla is strengthening its push across products, software and services, including introducing a long-wheelbase, three-row six-seat Model Y L in South Korea.