World demands full account after Iran admits downing Ukraine jet

Ukraine's President Volodymyr Zelensky placing flowers at a memorial for the victims of the Ukraine International Airlines Boeing 737-800 crash in the Iranian capital Tehran, at the Boryspil airport outside Kiev on January 9, 2020. (AFP)
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Updated 11 January 2020
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World demands full account after Iran admits downing Ukraine jet

  • Ukraine President Volodymyr Zelensky demanded that Iran punish those responsible
  • Iran has invited the United States, Ukraine, Canada and others to join the crash investigation

PARIS: Iran said Saturday it had unintentionally shot down the Ukrainian airliner that crashed this week outside Tehran killing 176 people, calling it an “unforgivable mistake.”
The statement sparked some relief that at least the immediate cause of the disaster would not be concealed amid international calls for a full accounting and compensation for the victims.
Iran has invited the United States, Ukraine, Canada and others to join the crash investigation.
Herewith are some of the remarks made by top leaders in response to the Iranian statement on its responsibility for the crash.

Ukraine President Volodymyr Zelensky demanded that Iran punish those responsible, pay compensation and apologize.
“We expect Iran... to bring the guilty to the courts,” the Ukrainian leader wrote on Facebook, calling for the “payment of compensation” and the return of remains.
“We hope the inquiry will be pursued without deliberate delay and without obstruction,” Zelensky added
He also urged “total access” to the full inquiry for 45 Ukrainian experts and in a tweet also sought an “official apology.”

Canadian Prime Minister Justin Trudeau, with the country mourning the loss of many of its nationals, said closure and accountability were needed after Iran’s announcement.
He demanded “transparency, and justice for the families and loved ones of the victims.
“This is a national tragedy, and all Canadians are mourning together,” Trudeau’s office said in a statement.

Iran must “learn lessons” from the disaster, the chairman of the Russian parliament’s foreign affairs committee said.
“If decryption of the black boxes and the work of the investigation do not prove that the Iranian army did this intentionally, and there are no logical reasons for this, the incident must be closed.
“Hoping that lessons will be learned and action taken by all parties,” Konstantin Kosachev was quoted as saying by the Interfax news agency.

French Defense Minister Florence Parly said it was “important to seize this moment to give space to discussions and negotiations” on the Iran nuclear deal.
“The lessons that we should learn from the dramatic sequence of events that we have experienced... is that we must put an end to this escalation,” Parly told France Inter radio.
She reiterated the French position that everything must be done to salvage the landmark 2015 nuclear accord with Iran, which US President Donald Trump withdrew from in 2018.
German Foreign Minister Heiko Maas said “it was important that Iran brought clarity to this issue.
“Now Tehran needs to draw the right consequences in the continued appraisal of this dreadful catastrophe, and take measures to ensure that something like this cannot happen again,” Mass told Funke media.


SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions

Updated 03 February 2026
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SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions

  • The deal is the biggest M&A transaction of all time
  • Deal values xAI at $250 billion, SpaceX at $1 trillion

Elon Musk said on Monday ​that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot. The deal, first reported by Reuters last week, represents one of the most ambitious tie-ups in the technology sector yet, combining a space-and-defense contractor with a fast-growing AI developer whose costs are largely driven by chips, data centers and energy. It could also bolster SpaceX’s data-center ambitions as Musk competes with rivals like Alphabet’s Google, Meta, Amazon-backed Anthropic ‌and OpenAI in the ‌AI sector.
The transaction values SpaceX at $1 trillion, and ‌xAI ⁠at $250 ​billion, according ‌to a person familiar with the matter.
“This marks not just the next chapter, but the next book in SpaceX and xAI’s mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!” Musk said. The purchase of xAI sets a new record for the world’s largest M&A deal, a distinction held for more than 25 years when Vodafone bought Germany’s Mannesmann in a hostile takeover valued at $203 billion ⁠in 2000, according to data compiled by LSEG. The combined company of SpaceX and xAI is expected to price shares ‌at about $527 each, another person familiar with the matter said. ‍SpaceX was already the world’s most ‍valuable privately held company, last valued at $800 billion in a recent insider share sale. ‍XAI was last valued at $230 billion in November, according to the Wall Street Journal. The merger comes as the space company plans a blockbuster public offering this year that could value it at over $1.5 trillion, two people familiar with the matter said.
SpaceX, xAI and Musk did not immediately respond ​to requests for comment.
The deal further consolidates Musk’s far-flung business empire and fortunes into a tighter, mutually reinforcing ecosystem – what some investors and analysts informally ⁠call the “Muskonomy” – which already includes Tesla, brain-chip maker Neuralink and tunnel firm the Boring Company. The world’s richest man has a history of merging his ventures together. Musk folded social media platform X into xAI through a share swap last year, giving the AI startup access to the platform’s data and distribution. In 2016, he used Tesla’s stock to buy his solar-energy company SolarCity.
The agreement could draw scrutiny from regulators and investors over governance, valuation and conflicts of interest given Musk’s overlapping leadership roles across multiple firms, as well as the potential movement of engineers, proprietary technology and contracts between entities.
SpaceX also holds billions of dollars in federal contracts with NASA, the Department of Defense and intelligence agencies, which all have some authority ‌to review M&A transactions for national security and other risks.