Orban Ally Seeking SpaceX Deal Named Special Envoy in Hungary

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Prime Minister Viktor Orban’s business ally, whose company is seeking to partner with Elon Musk’s SpaceX, was named Hungary’s special envoy for international investments.

Gellert Jaszai, the chairman and majority owner of 4iG Nyrt., was appointed to the role late Wednesday. Its shares rose as much as 5.5% on Thursday in Budapest, boosting its year-to-date gains to 91%. 4iG, in a statement, said Jaszai would stay on as chairman.