“European Starlink rival” is a bit far fetched when there’s merely rumours that they might be able to offer a similar service. But that’s the stock market for you.
this post was submitted on 12 Mar 2025
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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).
You're correct but their LEO constellation is over 10x smaller than Starlink, so they've still got a lot of catching up to do.
They are doing much better than other fabled starlink competitors though, like amazon kuiper which is still not a real thing after all this time.
They have one strong competitive advantage that Starlink will never have; they are not American.
By definition, you cannot trust an American service. Even if the people who run a given service are not degenerates, there are enough degenerates in the US that they could elect a degenerate who will fuck you over.
Alphane_Moon just convinced me to take out a huge loan with my house as security, and invest in Eutelsat. I suggest everyone else does the same.
Now they have to offer a similar service. No pressure then 😊
They do offer a better service, albeit marginally - better download speeds, lower latency, slower upload speeds though. Problem is their antennas - they cost 8.000€ compared to 300€ the starlink ones...
Eutelsat are aimed at a different market: infrastructure. Their intended customers are larger and more demanding: research outposts, small villages, oil rigs, mobile phone towers, ships, and so on, as opposed to Starlink who focus on consumers directly, which is much more low-stakes. I'm genuinely curious if Eutelsat can move into Starlink's territory.
A man can dream
A European Starlink rival’s shares skyrocketed 390% in a week — here’s why
OOOH!!!! OOH!!! I KNOW THIS ONE!!! STARLINK GO BOOM! PEOPLE GO NOPE! TESLAS STOCK PRICE GO (bomb falling sound effects) KABOOM!!!!
That's Lemmy for you..
Bye bye future space launches once we have full or partial Kessler syndrome.
Bye bye earth based astronomy.
But dang this tech is so much better than Hughesnet
Kessler syndrome doesn’t really apply for purely LEO satellites. They all burn up in a single digit amount of years.
It’s not something to worry about yet.
What will they launch on? Star Link is barely feasible because they can launch at cost on falcon 9.
Look up Ariane 6. It's still more costly than the Falcon 9 but who in their right mind would trust the numbers Elon is sharing? Seems like they both cost around 100million $ per launch. Elon is claming 30million per launch and that he will make it cost 2 million...
Is starlink business model like uber/airbnb? Killing the market with low prices by circumventing regulations to establish their monopoly?
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.
I'm stuck with star link as of present. I would defiantly like for a competent and competent competitor in the market. Competition is the core of capitalism and the driving force behind development.
But also, we cannot have so many god-damn satellites polluting the night sky. Starlink should never have been allowed to get up there as a private actor in the first place.
It's a tricky situation, as international cooperation would be extremely difficult to maintain, especially during situations like the Ukraine war. But having private companies compete to fill the orbit with space waste as soon as possible is hardly a good solution either.
Competition is the core of capitalism and the driving force behind >development.
But when, tho?
Good. Fuck Starlink.
It'll be interesting to see what the Canadian telesat LEO system will be capable of. They're supposed to be launching satellites next year and are using a higher orbit so will need much fewer satellites than starlink.
I didn't read the article but I'd bet the "why" is because it's been on the news and people think it's an easy way to make a quick buck. However, these people are amateurs - when it's in the news you're already too late.
Not if you bought in at 100% or 200% or 300% when it was also in the news. You will still have made tons and tons of money.
The real positive for the company and maybe the world is if they issue some new stock now and get a nice war chest of cash so they can expand their network rapidly. That will hurt the investors above, but hopefully they take gains now when its fruitful.
here’s why
What could it be?
I always wish I was quick enough to take advantage of things like this but I always miss the boat
SpaceX and Starlink have no competitors. They’re so far ahead that it’s not even funny. I really wish Elon had just kept his mouth shut and kept working on it without sullying its image. I bet he wishes that too sometimes.
Idk. Musk seems to have gone completely mental. Dunno what the cause is, but the man is not healthy. Not sure how much self-reflection he's capable of.
He's on ketamin. Explains some of it.
He almost certainly abuses ketamine. He got his dealer a job in DOGE, after all.
It is his character, the type of person he is.
Clearly not what he wishes. Shows no regrets whatsoever. He wishes for everyone to lick his boots and obey whatever he thinks is right. He's acting like he's a king or god or so... He gets what he deserves, disrespect and contracts failing. They might lead technologically but that's no reason to take all this BS. It's extra reason not to.
I don’t know, the man is hard to read. I’m extremely cynical and I don’t believe he’s genuine ever, but he gave an interview recently and he did choke up when asked how he was managing to run his companies. I don’t think he’s as good an actor to fake that.
The best conclusion I have arrived is that the man may well be completely self deluded and he might really believe himself the savior of mankind so he needs to get us to mars by any means necessary. Maybe because of the heavy drug use and obvious sleep deprivation, his sense of reality is probably warped. Or maybe the pressure from the Twitter purchase got to him and he broke because that’s when he absolutely went bonkers. He had to overleverage himself in order to do that and he even took money from the saudis.
All in all I don’t expect things to end well for him.
SpaceX and Starlink have no competitors
This is a very soviet mode of thinking.
It’s not a mode of thinking it’s a fact. As of this moment there’s no one who is even close to being a competitor to them. I’m not saying there can’t be one, but there isn’t one right now.
I am not denying Starlink and SpaceX have a dominant market position.
When I said "this is a very soviet mode of thinking," I meant that it's unreasonable to think that they are unbeatable.
This is just one thing, but if you use Starlink or SpaceX you have to deal with Americans and Americans cannot be trusted.
Being a reliable partner is a competitive advantage and has an impact on the cost function of a given relationship. Americans (government or companies) are not reliable.
I was just talking about this with a friend today. Musk was basically on track to become a real-life Tony Stark, exactly as he’d envisioned, but he just couldn’t keep his mouth shut and ended up ruining it for himself. Money buys many things, but it doesn’t buy respect - and once you’ve lost that, it's nearly impossible to regain. The number of young and ambitious people he let down is simply staggering. I was really rooting for him and hoping he'd turn this around but after the nazi salute I no longer do. That was the last straw for me.
It is good he revealed his true colours early.