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.
U.S. Secretary of State Marco Rubio criticized Polish Foreign Minister Radoslaw Sikorski, accusing him of spreading misinformation regarding Starlink's role in Ukraine. Rubio emphasized Starlink's importance,
U.S. Secretary of State Marco Rubio criticized Polish Foreign Minister Radoslaw Sikorski for remarks about Ukraine needing an alternative to Starlink. Poland funds Starlink for Ukraine, but Sikorski questioned its reliability.
While it has fewer than one-tenth of Starlink's satellites, Eutelsat is being floated as a potential replacement if Starlink access is cut.