DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Satellite Mega-Merger: Can Europe Compete with Starlink?
Satellite Mega-Merger: Can Europe Compete with Starlink?

Satellite Mega-Merger: Can Europe Compete with Starlink?

Update: 2025-10-23
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European aerospace giants Airbus, Thales, and Leonardo are joining forces to take on Elon Musk's Starlink! They've announced a preliminary deal to merge their satellite divisions into a massive joint venture, but can they convince regulators it won't create a monopoly? This merger could reshape Europe's position in the booming satellite market, employing 25,000 people with a €6.5 billion turnover, but its fate hangs in the balance.

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Satellite Mega-Merger: Can Europe Compete with Starlink?

Satellite Mega-Merger: Can Europe Compete with Starlink?