A European Starlink rival's shares skyrocketed 390% in a week — here's why
www.cnbc.com
Shares of French satellite operator Eutelsat gained over 550% in a three-day rally last week.
  • Alphane Moon@lemmy.worldEnglish
    2·
    17 days ago

    They have both GEO and LEO satellites. Not on the scale of Starlink (for LEO), but they do have a network.

    I am not commenting on the nature of the stock market or anything like that. Just pointing out that they do have a working network, it’s not 100% speculation (like you see with crypto schemes).