zaxvenz

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A European Starlink rival's shares skyrocketed 390% in a week — here's why in c/europe@feddit.org
[–] zaxvenz@lemm.ee 85 points 20 hours ago (1 children)

Key points:

  1. Shares of French satellite operator Eutelsat skyrocketed almost 390% last week.
  2. Eutelsat shares continued to climb Monday, jumping more than 22%.
  3. The gains follows speculation that Eutelsat could replace Elon Musk’s Starlink in Ukraine.
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A European Starlink rival's shares skyrocketed 390% in a week — here's why (www.cnbc.com)
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Elon Musk is proving that Europe can no longer take the risk of buying American (www.telegraph.co.uk)