Why Elon Musk’s Starlink has set up a satellite base on a tiny island in the Irish Sea

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4 years ago

August 9, 2021

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SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020.

Britta Pedersen | AFP | Getty Images

LONDON — Starlink, the space internet service created in 2015 by Elon Musk’s space transportation firm, SpaceX, has set up a “ground station” on a tiny self-governing island in the Irish Sea to help it beam internet from satellites in low-Earth orbit to homes and offices.

Starlink’s Isle of Man ground station, first reported by The Telegraph late last month, can be seen on the Starlink.sx website.

The government of the Isle of Man said Starlink has been working with local communications provider Bluewave, adding that the pair have together licensed some of the island’s available spectrum.

Bluewave has a ground station just outside the capital of Douglas that can be seen on Google Maps. It acquired the site last year from SES Satellite Leasing. SES pulled out of the Isle of Man last summer.

The site boasts between four and eight radomes, according to a local source who works in the satellite industry that asked to remain anonymous as they’re not permitted to discuss the matter. These are structural, weatherproof enclosures that protect a radar antenna, which sends and receives data transmissions.

“There is a nearly new vacant base station array here linked directly into data centers,” said another source who works in the Isle of Man’s tech industry, who asked to remain anonymous as they’re not directly involved with the Starlink project. The source added that it has “an excellent horizon scan because being surrounded by sea it means there is nothing in the way.”

Measuring 32 miles long and 13 miles wide, the Isle of Man is a British Crown dependency that sits in the middle of the Irish Sea roughly equidistant from England, Scotland, Ireland and Wales. Starlink already has bases in Buckinghamshire and Cornwall in England, and the Isle of Man base will enable the company to provide blanket internet coverage across Britain.

The island’s location, spectrum and existing satellite infrastructure have all contributed to Starlink’s decision, according to the two CNBC sources.

The first source, who received a Starlink kit in May, said the island has a “very efficient” telecoms regulator that’s fast to issue relatively cheap licenses.

“Then of course, the Isle of Man is a low tax jurisdiction so [there is] very little overhead,” they added. “Plus the nation has an adequacy agreement with the EU for GDPR compliance. All this makes the island a good place for satellite or data related services.” GDPR is a set of data protection and privacy regulations introduced by the European Union in May 2018.

The island also has its own spectrum bands that are less busy than those used in the U.K.; the Isle of Man has just 85,000 inhabitants whereas the U.K. has around 70 million.

The Isle of Man Communications and Utilities Regulatory Authority confirmed to CNBC on Thursday that Starlink and Bluewave have been granted a license for “provision of services and location of associated equipment on the island.”

A spokesperson for the island’s Department for Enterprise told CNBC: “This is very exciting and positive news for the Island which will enable the deployment of satellite broadband service on-Island and further afield.”

They added: “Locally, the licensing of available spectrum will provide more choice for local consumers and potential for further jobs within the Island’s telecoms sector.”

SpaceX did not immediately respond to a CNBC request for comment, while Bluewave declined to comment.

What is Starlink?

Starlink ultimately wants to provide the world with faster internet, starting by improving internet access in parts of the world that aren’t currently served by broadband providers.

It allows people to connect to the internet via a satellite dish that is placed on or near a person’s property. The internet is beamed down to the dish via a network of Starlink satellites that have been put into orbit by SpaceX and ground stations.

The company has said it plans to spend $10 billion putting 12,000 small satellites into low-Earth orbit that can beam high-speed, low-latency internet to the ground. It has launched 1,700 so far and the service is being used by 90,000 customers in 12 countries.

“You can assume they’ll need lots of ground stations, in lots of places, to ensure uninterrupted coverage,” Craig Moffett, an analyst at research firm MoffettNathanson, told CNBC.

“The satellites aren’t yet equipped with fiber interlinks, so for now, they need to be in constant contact with the ground. That requires a tremendous number of ground stations,” Moffett added.

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Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

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4 hours ago

December 12, 2025

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Oracle says there have been 'no delays' in OpenAI arrangement after stock slide

Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. 23, 2025.

Kyle Grillot | Bloomberg | Getty Images

Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027.

The delay is due to a shortage of labor and materials, according to the Friday report from Bloomberg, which cited unnamed people. Oracle shares fell to a session low of $185.98, down 6.5% from Thursday’s close.

“Site selection and delivery timelines were established in close coordination with OpenAI following execution of the agreement and were jointly agreed,” an Oracle spokesperson said in an email to CNBC. “There have been no delays to any sites required to meet our contractual commitments, and all milestones remain on track.”

The Oracle spokesperson did not specify a timeline for turning on cloud computing infrastructure for OpenAI. In September, OpenAI said it had a partnership with Oracle worth more than $300 billion over the next five years.

“We have a good relationship with OpenAI,” Clay Magouyrk, one of Oracle’s two newly appointed CEOs, said at an October analyst meeting.

Doing business with OpenAI is relatively new to 48-year-old Oracle. Historically, Oracle grew through sales of its database software and business applications. Its cloud infrastructure business now contributes over one-fourth of revenue, although Oracle remains a smaller hyperscaler than Amazon, Microsoft and Google.

OpenAI has also made commitments to other companies as it looks to meet expected capacity needs.

In September, Nvidia said it had signed a letter of intent with OpenAI to deploy at least 10 gigawatts of Nvidia equipment for the San Francisco artificial intelligence startup. The first phase of that project is expected in the second half of 2026.

Nvidia and OpenAI said in a September statement that they “look forward to finalizing the details of this new phase of strategic partnership in the coming weeks.”

But no announcement has come yet.

In a November filing, Nvidia said “there is no assurance that we will enter into definitive agreements with respect to the OpenAI opportunity.”

OpenAI has historically relied on Nvidia graphics processing units to operate ChatGPT and other products, and now it’s also looking at designing custom chips in a collaboration with Broadcom.

On Thursday, Broadcom CEO Hock Tan laid out a timeline for the OpenAI work, which was announced in October. Broadcom and OpenAI said they had signed a term sheet.

“It’s more like 2027, 2028, 2029, 10 gigawatts, that was the OpenAI discussion,” Tan said on Broadcom’s earnings call. “And that’s, I call it, an agreement, an alignment of where we’re headed with respect to a very respected and valued customer, OpenAI. But we do not expect much in 2026.”

OpenAI declined to comment.

WATCH: Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

Technology

AI order from Trump might be ‘illegal,’ Democrats and consumer advocacy groups claim

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4 hours ago

December 12, 2025

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AI order from Trump might be ‘illegal,’ Democrats and consumer advocacy groups claim

“This is the wrong approach — and most likely illegal,” Sen. Amy Klobuchar, D-Minn., said in a post on X Thursday.

“We need a strong federal safety standard, but we should not remove the few protections Americans currently have from the downsides of AI,” Klobuchar said.

Trump’s executive order directs Attorney General Pam Bondi to create a task force to challenge state laws regulating AI.

The Commerce Department was also directed to identify “onerous” state regulations aimed at AI.

The order is a win for tech companies such as OpenAI and Google and the venture firm Andreessen Horowitz, which have all lobbied against state regulations they view as burdensome.

It follows a push by some Republicans in Congress to impose a moratorium on state AI laws. A recent plan to tack on that moratorium to the National Defense Authorization Act was scuttled.

Collin McCune, head of government affairs at Andreessen Horowitz, celebrated Trump’s order, calling it “an important first step” to boost American competition and innovation. But McCune urged Congress to codify a national AI framework.

“States have an important role in addressing harms and protecting people, but they can’t provide the long-term clarity or national direction that only Congress can deliver,” McCune said in a statement.

Sriram Krishnan, a White House AI advisor and former general partner at Andreessen Horowitz, during an interview Friday on CNBC’s “Squawk Box,” said that Trump is was looking to partner with Congress to pass such legislation.

“The White House is now taking a firm stance where we want to push back on ‘doomer’ laws that exist in a bunch of states around the country,” Krishnan said.

He also said that the goal of the executive order is to give the White House tools to go after state laws that it believes make America less competitive, such as recently passed legislation in Democratic-led states like California and Colorado.

The White House will not use the executive order to target state laws that protect the safety of children, Krishnan said.

Robert Weissman, co-president of the consumer advocacy group Public Citizen, called Trump’s order “mostly bluster” and said the president “cannot unilaterally preempt state law.”

“We expect the EO to be challenged in court and defeated,” Weissman said in a statement. “In the meantime, states should continue their efforts to protect their residents from the mounting dangers of unregulated AI.”

Weissman said about the order, “This reward to Big Tech is a disgraceful invitation to reckless behavior
by the world’s largest corporations and a complete override of the federalist principles that Trump and MAGA claim to venerate.”

In the short term, the order could affect a handful of states that have already passed legislation targeting AI. The order says that states whose laws are considered onerous could lose federal funding.

One Colorado law, set to take effect in June, will require AI developers to protect consumers from reasonably foreseeable risks of algorithmic discrimination.

Some say Trump’s order will have no real impact on that law or other state regulations.

“I’m pretty much ignoring it, because an executive order cannot tell a state what to do,” said Colorado state Rep. Brianna Titone, a Democrat who co-sponsored the anti-discrimination law.

In California, Gov. Gavin Newsom recently signed a law that, starting in January, will require major AI companies to publicly disclose their safety protocols.

That law’s author, state Sen. Scott Wiener, said that Trump’s stated goal of having the United States dominate the AI sector is undercut by his recent moves.

“Of course, he just authorized chip sales to China & Saudi Arabia: the exact opposite of ensuring U.S. dominance,” Wiener wrote in an X post on Thursday night. The Bay Area Democrat is seeking to succeed Speaker-emerita Nancy Pelosi in the U.S. House of Representatives.

Trump on Monday said he will Nvidia to sell its advanced H200 chips to “approved customers” in China, provided that U.S. gets a 25% cut of revenues.

Technology

Coinbase to soon unveil prediction markets powered by Kalshi, source says

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5 hours ago

December 12, 2025

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Coinbase to soon unveil prediction markets powered by Kalshi, source says

Feature China | Future Publishing | Getty Images

Coinbase is gearing up to launch an in-house prediction market, powered by Kalshi, a source close to the matter told CNBC — a strategic play to expand the number of asset classes available on the cryptocurrency exchange at a time some investors are shying away from digital assets.

The source said Coinbase and Kalshi will “soon” formally announce the prediction market, with news on the matter potentially coming as early as next week.

Rumblings of the prediction market launch have swirled for nearly a month. An alleged screenshot of Coinbase’s prediction markets dashboard shared by Silicon Valley researcher Jane Manchun Wong in an X post dated Nov. 18 offered some clues about the new product.

The Information first reported on Nov. 19 that Coinbase planned to launch prediction markets powered by Kalshi, adding that the exchange would unveil the new product at its “Coinbase System Update” event on Dec. 17. Bloomberg published a similar report on Thursday, citing a source familiar with the matter, adding that Coinbase would also announce a tokenized stock offering at the showcase.

Coinbase declined to confirm the reports to CNBC, but said to tune into its event next week. The firm did not comment on a timeline for when its prediction markets would go live for its users.

Coinbase’s upcoming product launches underscore its push to refashion itself into an “everything exchange,” or a one-stop shop for trading all kinds of assets, including crypto tokens, tokenized stocks and event contracts. In May, CEO Brian Armstrong articulated that “everything exchange” vision to investors, saying Coinbase would aim to become a top financial services app within the next decade.

The trading platform is setting its sights on that goal as it faces intensifying competition from rivals such as Robinhood, Gemini and Kraken. All three have launched tokenized equity offerings to users outside of the U.S. within the past year, in addition to exploring prediction markets to varying extents.

Coinbase’s moves to expand the financial instruments available to its users also come as investor sentiment on digital assets cools. A series of liquidations of highly leveraged digital asset positions in mid-October triggered several pullbacks in the crypto market, prompting investors to rotate out of tokens and into gold and other safe-have assets.

Bitcoin fell as low as around $85,000 in early December, hitting its lowest level since last March. The token was last trading at $89,951, down 23% in the past three months. Coinbase has also fallen more than 16% over the past three months.

The deal also underscores U.S.-based prediction markets operator Kalshi’s push to embed its event contracts into various brokerages, widening its reach as the prediction markets space becomes increasingly competitive.

This year, Kalshi embedded several of its prediction markets into trading platform Robinhood, as part of a non-exclusive partnership between the companies. Kalshi has also engaged in talks with several other major brokerages, including those in the crypto industry, with the aim of closing more deals like the ones it has struck with Robinhood and now Coinbase, a source familiar with the matter told CNBC.