Iran threatened to strike Elon Musk's companies, including SpaceX's Starlink service, CNBC reported.
According to Iranian state outlet Fars, Tehran will target "all interests related to economic holdings managed by Elon Musk in West Asia," including a Starlink ground station.
The development, posted in the outlet's Telegram channel, came as President Donald Trump anticipated new strikes against the country on Thursday and and said the U.S. will be "taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets."
The U.S. launched several rounds of strikes against Iran over the past days as tensions continue to escalate.
Iranian officials have also been reacting with defiance to the latest U.S. attacks. The country's foreign ministry issued a statement on Thursday condemning them and calling them a "flagrant violation" of international law that "effectively rendered the April 8 ceasefire meaningless."
The document went on to say that the Trump administration will be responsible for the "extremely dangerous consequences" of the attacks.
Elsewhere, the Persian Gulf Strait Authority (PGSA), a newly created entity aimed at managing navigation through the Strait of Hormuz and charging fees for it, said the key waterway would be "closed until further notice."
At the same time, Reuters reported that efforts to reach an interim deal to end the war have intensified even amid the attacks, with both sides discussing the release of frozen Iranian funds.
The outlet detailed that Washington and Tehran are exchanging messages about the release of frozen Iranian funds, part of a memorandum of understanding to halt the war.
Iranian sources told the outlet that a political understanding has been reached, but there are some details still being discussed, particularly related to the mechanism to release the funds from foreign banks.
Trump also said negotiations are ongoing. Speaking to Fox News, he complained about press coverage of the war, saying "behind the scenes I must tell you Iran can't believe the press they get."
He went on to say that Iran "can't even believe it and they told me, they said, 'It's amazing how well we're doing in the papers. We're not doing so well--' They're negotiating with us to make a deal."
"They're dying to make a deal. They want to make a deal so badly. We dropped $250 million of bombs on them last night. They're really in submission. They just don't know it yet," he added.
