SoftBank rebuts Musk's criticism of Stargate investment plan

Japanese group says financial burden of $500bn initiative will be limited

20250212 Softbank logo

SoftBank swung to a loss in the most recent quarter as tech shares in the Vision Fund portfolio disappointed. (Photo by Mayumi Tsumita) 

RYOHTAROH SATOH

TOKYO -- SoftBank Group on Wednesday defended its participation in the $500 billion Stargate investment program in the U.S., saying the financial burden on the company will be limited, even as Elon Musk questioned the project's viability.

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