Home World News France becomes biggest shareholder in Eutelsat, EU rival to Musk’s Starlink

France becomes biggest shareholder in Eutelsat, EU rival to Musk’s Starlink

France on Thursday became the biggest shareholder in satellite company Eutelsat, which is widely regarded as a potential European rival to Elon Musk’s Starlink. France chose to act now to avoid depending on “other powers” in the future, said President Emmanuel Macron.

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