Poland, which funds Ukraine's Starlink internet, might seek alternatives if Elon Musk's company falters. The service is vital for Ukraine's connectivity. Musk warned of the consequences of cutting Starlink access,
Eutelsat's shares surged amid fears that Ukraine's Starlink access could soon face disruption, though it's unclear if that will happen.
Shares in Franco-British satellite operator Eutelsat pulled back on Friday after soaring nearly 500% this week on the prospect of potentially replacing Starlink in Ukraine.
It was US President Donald Trump’s furious Oval Office clash with his Ukrainian counterpart last Friday that convinced fund manager Hugo Squire it was time to buy bonds in Eutelsat Communications SA.
Elon Musk's divisive politics are creating new business opportunities for European rivals to Tesla and Starlink.
Elon Musk aims to change spaceflight forever with ... While it has fewer than one-tenth of Starlink's satellites, Eutelsat is being floated as a potential replacement if Starlink access is cut.