Epstein Was Adviser Behind Funding of Starlink Rival OneWeb

Core Viewpoint - Jeffrey Epstein was involved as an adviser in the establishment of OneWeb Ltd, a significant competitor to Elon Musk's Starlink satellite network, as revealed by emails from the US Department of Justice [1] Group 1: Company Background - OneWeb was founded in 2012 by Greg Wyler, who sought funding from major investors like SoftBank Group Corp. and Qualcomm Inc. [1] - The company faced bankruptcy in March 2020 but was rescued by the UK government and India's Bharti Enterprises Ltd., later merging with France's Eutelsat in 2023 [3] Group 2: Epstein's Involvement - Wyler confirmed that Epstein had professional relationships in the tech industry and discussed potential investments, but no actual investment was made [2] - Emails indicate that Wyler and Epstein communicated about various business matters, including a potential investment from Alphabet Inc.'s Google [5] Group 3: Relationships and Negotiations - The emails reveal interactions between Wyler and Musk, including discussions about funding and negotiations for OneWeb [7] - Epstein expressed frustration over the pace of negotiations and sought updates from Wyler, indicating a hands-on approach to the advisory role [8][9] Group 4: Current Developments - Wyler is now the CEO of E-Space, another satellite network startup, which is set to create 2,000 jobs in Arlington, Texas [3] - OneWeb has successfully launched over 600 satellites into low-Earth orbit, while SpaceX has launched thousands for its Starlink network [9]