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  3. A European Starlink rival's shares skyrocketed 390% in a week — here's why

A European Starlink rival's shares skyrocketed 390% in a week — here's why

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  • ? Guest

    I see this radical development of the share as an expression of great hope that Eutelsat will be able to replace Starlink and, if possible, in the short term. I wonder whether this is technically possible, e.g. due to the production and launch volume of satellites or the available bandwidths. Do any of you have figures to compare both companies.

    L This user is from outside of this forum
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    wrote on last edited by
    #6

    I think what has made starlink possible at all has been that musk also owns SpaceX so he can launch a shit ton of satellites. No other launch provider can match their cadence, so I'd guess that will be a limiting factor

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      wagesj45@fedia.ioW This user is from outside of this forum
      wagesj45@fedia.ioW This user is from outside of this forum
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      wrote on last edited by
      #7

      here's why

      I can guess why.

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        I think what has made starlink possible at all has been that musk also owns SpaceX so he can launch a shit ton of satellites. No other launch provider can match their cadence, so I'd guess that will be a limiting factor

        Z This user is from outside of this forum
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        wrote on last edited by
        #8

        They only need to cover the band that orbits over Ukraine for now tho, not the entire world right

        natanox@discuss.tchncs.deN 1 Reply Last reply
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        • wagesj45@fedia.ioW [email protected]

          here's why

          I can guess why.

          O This user is from outside of this forum
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          wrote on last edited by
          #9

          "Here's why"

          Gestures broadly

          natakunox@lemmy.worldN I 2 Replies Last reply
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          • O [email protected]

            "Here's why"

            Gestures broadly

            natakunox@lemmy.worldN This user is from outside of this forum
            natakunox@lemmy.worldN This user is from outside of this forum
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            wrote on last edited by
            #10

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            • L [email protected]

              I think what has made starlink possible at all has been that musk also owns SpaceX so he can launch a shit ton of satellites. No other launch provider can match their cadence, so I'd guess that will be a limiting factor

              M This user is from outside of this forum
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              wrote on last edited by
              #11

              Oneweb is medium altitude unlike starlink which is low altitude, so you don't need as many. It doesn't have as much capability but it's fine. But when starship is operational there will be plenty of capacity to launch a lot more sats and get more capacity.

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              • M [email protected]

                Oneweb is medium altitude unlike starlink which is low altitude, so you don't need as many. It doesn't have as much capability but it's fine. But when starship is operational there will be plenty of capacity to launch a lot more sats and get more capacity.

                D This user is from outside of this forum
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                wrote on last edited by
                #12

                NGL, I've always hated starlink's proposal. They last so little time and polute the sky making astronomy harder and raising risks of collision. It's LEO littering for a product that could be substituted with existing infrastructure tech at a fraction of the cost.

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                • O [email protected]

                  "Here's why"

                  Gestures broadly

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                  wrote on last edited by
                  #13

                  Speculation of them getting the Ukraine contract according to the article

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                    redsnt@feddit.dkR This user is from outside of this forum
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                    wrote on last edited by
                    #14

                    It really doesn't take a genius to figure out why. And especially not on this sublemmy.

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                    • Z [email protected]

                      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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                      wrote on last edited by
                      #15

                      And a lot of other places

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                        suoko@feddit.itS This user is from outside of this forum
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                        wrote on last edited by
                        #16

                        Smartphone to sat direct link: it's there already

                        https://www.vodafone.co.uk/newscentre/smart-living/everything-you-need-to-know-about/direct-to-smartphone-satellite-service-everything-you-need-to-know/

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                          wrote on last edited by
                          #17

                          congratulations i don't think a European stock has ever done this

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                            congratulations i don't think a European stock has ever done this

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                            wrote on last edited by
                            #18

                            Normally I associate such price swings with wild speculation and am genuinely surprised with this considering the generally more prevalent conservatism in European financial markets, but perhaps it's true that the (time of reading) 550% jump in value is all accurate pricing in of future contracts at this point.

                            I'm definitely excited to see.

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                            • D [email protected]

                              NGL, I've always hated starlink's proposal. They last so little time and polute the sky making astronomy harder and raising risks of collision. It's LEO littering for a product that could be substituted with existing infrastructure tech at a fraction of the cost.

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                              wrote on last edited by
                              #19

                              The current amount is only about a third of the total planned amount.

                              natanox@discuss.tchncs.deN 1 Reply Last reply
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                                Speculation of them getting the Ukraine contract according to the article

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                                wrote on last edited by
                                #20

                                even if they don't get it, space 5G is a big win either way. can't do much wrong buying the super cheap stock. (i already sold half of what i bought tho. 100% profit was too good to hold on to all 😅)

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                                  Normally I associate such price swings with wild speculation and am genuinely surprised with this considering the generally more prevalent conservatism in European financial markets, but perhaps it's true that the (time of reading) 550% jump in value is all accurate pricing in of future contracts at this point.

                                  I'm definitely excited to see.

                                  L This user is from outside of this forum
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                                  wrote on last edited by
                                  #21

                                  it was like 1.20€ per share, so investors don't really had much to lose. that plays a big part IMO. if you're only losing a few bucks worst case, the risk isn't a problem.

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                                    wrote on last edited by
                                    #22

                                    Elon's own goals started with a botched penis surgery and went downhill from there.

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                                      archmageazor@lemmy.worldA This user is from outside of this forum
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                                      wrote on last edited by
                                      #23

                                      I wish I was smart enough to invest in them before the rise.

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                                        Speculation of them getting the Ukraine contract according to the article

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                                        wrote on last edited by
                                        #24

                                        It's more that Starlink is proven not secure and not to be trusted by any country.

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                                        • L [email protected]

                                          it was like 1.20€ per share, so investors don't really had much to lose. that plays a big part IMO. if you're only losing a few bucks worst case, the risk isn't a problem.

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                                          wrote on last edited by
                                          #25

                                          While price does negatively (with few outliers) correlate with volatility in the stock market, this seems like more than that. 22M volume on the 5th is more than the stock has seen... ever, as far as I can see, with an overwhelming majority being held by insiders or institutions. The bet appears to be larger than a few bucks, from people who I presume expect big things.

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