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.
  • mosiacmango@lemm.eeEnglish
    3·
    3 days ago

    No, it just vertical integration. You need to send up rockets to make money, so you make sure they never have an empty slot on them by filling it yourself. You get enough satellites up, then you have a revenue generating payload you can send up steady from then on.