Tim Fernholz

SpaceX, Elon Musk’s space company, is planning to launch 60 of its own satellites in a single launch expected May 15, the first of more than 4,000 spacecraft planned for the Starlink network. If successful, the flight will make SpaceX the frontrunner in a tight race to be the first operator of an internet satellite network, as SpaceX is the only competitor with its own rockets. SpaceX is one of several, including OneWeb, Telesat and even Amazon, that are investing in plans to launch thousands of satellites that aim to deliver internet connections to customers below.

“I met with Eric Schmidt tonight,” John Podesta, the longtime Hillary Clinton adviser, told campaign manager-in-waiting Robby Mook in April 2014, more than a year before Clinton announced her candidacy for president. The e-mail, stolen by Russian hackers and published by Wikileaks, details the billionaire Alphabet chairman’s interest in backing Hillary Clinton’s nascent presidential run: “He’s ready to fund, advise recruit talent, etc. He was more deferential on structure than I expected. Wasn’t pushing to run through one of his existing firms. Clearly wants to be head outside advisor, but didn’t seem like he wanted to push others out. Clearly wants to get going. He’s still in DC tomorrow and would like to meet with you if you are in DC in the afternoon. I think it’s worth doing.” What did the meeting lead to? As of this week, Schmidt hasn’t bothered to donate a cent directly to Clinton’s campaign. Instead, he has leveraged his Silicon Valley acumen to generate a new source of influence.