TRUMP CALLED MUSK AND ASKED HIM TO LIFT UKRAINE STARLINK RESTRICTIONS -- WSJ

The Wall Street Journal reported that former President Donald Trump called Elon Musk and asked him to lift restrictions on Starlink service in Ukraine, a development that bears directly on the availability of satellite communications for Ukrainian military and civilian operations. The primary transmission channel is geopolitical risk premia and defense-sector sentiment, as any change in the terms of Starlink access alters the operational capacity of a key wartime communications network and can shift expectations for the war's trajectory and for Western security commitments. Assets most exposed include Ukrainian sovereign debt and hryvnia-linked instruments, where perceived battlefield resilience feeds directly into default and recovery pricing, as well as European defense equities and Musk-linked holdings such as Tesla and SpaceX-related exposure, where headline-driven volatility reflects questions about governance and political entanglement. Traders should watch whether Musk or Starlink issues a formal statement or changes service terms, and any subsequent Pentagon or Ukrainian government response, since official confirmation would convert a reported conversation into an actionabl

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