putin has taken control over the crisis that started in late june when prigozhin marked on -- marchant muskatrina: what happens to them now? >> they are largely going to continue keep doing what they have been doing, in ukraine and africa, critically in africa. think of it like a company or corporation taken over by new ownership doing away with the leadership team and replacing it with their own leadership team. there will be may be rebranding and friction at the top. a couple things will change. but for operations in ukraine and across africa, it will continue as it has been. katrina: if money talks to these individuals, who is going to step into the vacuum with the cash? >> i think that putin is going to be very careful about who he selects to run the group. wagner in ukraine are mostly ex-convicts, cannon fodder. they are being absorbed into the russian ministry of defense. in africa, that is a little bit more difficult because he has to win, however that is has to win the trust of the group, and all of these windows -- juntas they have propped up while ensuring little to to the kremlin.

laura: steve, how embarrassing is this for muska?is a far cry from the sophisticated soviet union. guest: it is. they landed a number of times in the past. on the moon, they landed successfully, the only ones to do it 10 times on the surface of venus. and across -- that crash comes at an embarrassing time because another nation is about to try and do the same thing. but in fairness, people, nations, companies crash on the moon all the time. there have been two crashes on the moon in april alone of this year by two different nations. laura: will get to that other nation in just a moment. it is, of course, india. steve, why do you think at this particular time it might have happened? do you think we should be looking at your political reasons, at the state of russia's economy, the ukraine war? all of these issues, they play into the space program? guest: i think they do. ukraine, not so much because this lunar landing was planned for a long time. but at some point, what was the soviet program became the russian program, lost a lot of f

but the agency, brett ties as muska after it began its military mission in ukraine last february. since then, rush has been collaborating with china, which is expanding its pace, ambitions to just avoid the cumulative not i can put in the same as the now the competition between china in the united states and exploration is more visible. but you need to understand that studying the moon is not the goal. the goal is political competition between to superimpose and the number of other countries who also want to claim the title of space super. it's russia, india, japan. no spacecraft has successfully landed on the south part of the moon known for its rocky terrain, but it's an area of interest because our school to is present, the scientists say it could support a human settlement tool. so what, what, of course, the main task is simply to land on the moon, to then to recover lost the soviet expertise and to learn how the new generation of developers performed this task. rush, i was 1st contract to send the man into space in 1961 on prides. and it says that aerospace legacy landed on t

see, i think this in the american made in all my muska and the, if you will ask in the office shows in the last, could they with us cool. we don't know what the american wants exactly if they want to the old. we've gone through a couple of the old and how american companies kind of work legally in syria of what they want to. exactly. it's not to. it's not the clear until now. if you will go to the state department, you would see that we are supporting good funds because said you should issue yeah, 225 for you and security council resolution. and then they want to the future of the see and people that they want to do. i have to guard the for the future, i'll just see. and people, which is some, sometimes i am a last thing about the slots of the same time, the i a coup buying and they are very interested in the future. i'll just say it'd be what, what does this hand side that as that the american army okey fine okey fine. good. as the, as it was to of the sea and people the result and the natural resources in jersey are and neighborhoods. where is the only way, is a customer where is the

zuckerberg says if muska ever get serious, he knows how to reach them.ocus on competing with people who take the sport seriously. musk had talked about about before complaining last week of back problems that might require surgery. plenty more to come on "bloomberg daybreak: asia," this is bloomberg. ♪ the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com shery: foreign investors are losing interest in china as the number of hedge funds actively focused on chinese assets it slips for the first time since 2012. let's bring in lulu chen. what is the current state of chinese hedge funds especially offshore ones? >> investors are promoting that it is the end of an era for chinese hedge funds. it is the first time chinese focused hedge funds have dropped in figures in terms of active funds since 2012. as of this year for the fi

move brings uncertainty about the leadership of tesla as he had been the top contender to succeed muska. he will remain there through the end of the year where the chief operating officer will. take on chief financial officer duties. . ceo of ark, kathy woods, says she will miss kirkhorn. >> i guess 30 years was a good run for zach. can't say enough about him and what he did for tesla p trained his successor well. shery: shery: in late trading, pelletier is slightly higher after falling as much as 12% at one point -- pelletier. after raising its profit forecast. they also game an animal revenue -- they also gave an annual revenue forecast that was lower. bloomberg's su keenan has details on the earnings report. the even announced a huge buyback. su: but you have to realize, this is an ai stock that has more than doubled in just the last quarter, up 130 2%. so you could say it was more than priced for perfection. investors a bit nervous. the company recently launched an artificial intelligence platform to help companies analyze data and make decisions. a lot of excitement on the stock. a

muska authorities say he was listed as a passenger on the flight that crashed on route from moscow to petersburg. reporter: 10 people were aboard this aircraft when it crashed northwest of moscow. all of them, seven passengers and three crew members were reportedly killed. russian aviation authorities say wagner group's chief yevgeniy prigozhin was on the passenger list. >> it really depends, whether this is actually the wagner boss or somebody traveling under the name of yevgeniy prigozhin, because we know prigozhin used aliases, or rather, people assumed his name in order to travel as part of his security measures in order to obfuscate, his travel plans and to conceal where he actually was. reporter: in st. petersburg, reports of his death have spread, and supporters have been gathering to pay tribute to their fallen hero. prigozhin was born in st. petersburg where he later met vladimir putin and give him a close ally. in 2014, he founded the wagner mercenary group, which took its gruesome tactics to countries around the world. and he is accused of committing war crimes in mali, the

military role shoulder to shoulder with muska and military -- shoulder to shoulder with mexican military? >> this is a great question because in the public sphere the discussion is not based on reality and facts. it is not bad and good actors. when the mexican government in 2006 declared war on drugs there was a narrative about the bad people and the good people. the bad ones are the cartel members. the good ones word the federal police. we understood in war we really do not know, we're talking about paramilitary groups getting into here, this is what happened in colombia. we are talking about military dressed in civilian suits to not affect the perception of the military. this is going to be very complex. we are not talking about bad and good people. the disappearances in mexico, where the perpetrators and who are the victims? some of them were cartel members, some of them were collateral dems. -- victims. but also, the mexican military collaborated with u.s. agencies. what is going to happen in the context of war? this is going to be much more complex. it is not as if you have a monoli

the guards, whom is listed among 10 people on a jet across just north of muska. surprised presence. the landscape says keith had nothing to do with the time crash, and much precautions presumed to have died. you told john list quote, everyone is aware who is involved and don't try because expect it to surrender in georgia in the coming hours. this is for criminal indictment since april. he's charged with racketeering and conspiracy to overtime. the 2020 presidential election results in the states. they de brookfield lines of 5 nations have invited another 6 countries to join next year. origin, tina egypt, if you're, if you're wrong, saudi arabia and the united arab emirates. so the african presence around the pays a maybe announcement on the last day of the brick stomach in johannesburg. and he's the brazil, india, china, and south africa being joined remote fee by russia's president from last game. we have decided to invite the ident, teen republic. the outer up republic of egypt, the federal democratic republic of if your po, the is law, makes public. ron, the kingdom of saudi ara

but the agency, brett ties as muska after it began its military mission in ukraine last february. since then, rush has been collaborating with china, which is expanding its pace, ambitions to just avoid the keeping. the good not, i can put down the same as the now the competition between china and the united states and exploration is more visible. but you need to understand that studying the moon is not the goal. the goal is political competition between 2 superpowers and the number of other countries who also want to claim the title of space super. it's russia, india, japan. no spacecraft has successfully landed on the south part of the moon known for its rocky terrain, but it's an area of interest because our school to is present, the scientists say it could support a human settlement tool. so what, what was the main task of somebody to land on the moon, to then to recover lost soviet expertise and to learn how the new generation of developers can perform this task rush. that was the 1st contract to send the man into space in 1961 on price. and it says that aerospace legacy land