Eutelsat Stock Rally Hits Wall: Starlink Competition Casts Shadow
Satellite internet is changing fast. Eutelsat, a major satellite company, saw its stock rise recently. But that rally has hit a wall. The reason? Starlink. SpaceX’s Starlink is expanding quickly. It offers fast, low-cost internet using thousands of low-orbit satellites. It’s shaking up the industry. Traditional satellite providers, like Eutelsat, are struggling to keep up….