A European Starlink rival’s shares skyrocketed 390% in a week

“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.

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...
A man can dream

Sat internet is so overhyped. As it's limited by physics cell towers will always outperform them. Simple as that.

cities - cables and 5g
country side - 4g and cables in high concentration areas
middle of nowhere or war zones - low orbit sats.

This is purely a security issue not a consumer one.

- Good luck? Most of the world is already there. I had 3g in deep jungles of Thailand last weekend and even in the most remote places in China have wire these days.
  The main point is that sat is limited by physics so cell towers and wire are upgrades over sat so it makes much more sense to start with better technology now as we'll never need less connection.
- Idk i live in a country where we have wifi in some forests and free wifi in every large city. And we're an ex soviet shithole.
Infrastructure can be a real problem in some places.
I'm currently on a mountain and since they upgraded to a hybrid satellite/cable system the speeds have skyrocketed. Laying cable/towers is just not viable, especially with dense rock peaks blocking line of sight.
Also I have coworkers in Nigeria who lose internet multiple times a day (and often don't have the bandwidth for a video call) but most of them have bitten the bullet and paid the high up-front cost to get starlink at home. And now can do HD video calls with zero interruption (unless they have power issues, but that's a whole other thing).
So I think there's a lot of use-cases for sattelite, especially for people who aren't considered worth the investment in non-sattelite infrastructure.
It's just unfortunate that yeah, space junk is going to one day (suddenly) be a massive problem.
Edit: ah I may have replied to the wrong comment

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.

But sadly increased latency. Also don't hold your breath on Canada telecom anything, we have a history of being the worst at it.
- I don't mind a bit more latency (should still be nicely below 100ms) but my use case is more related to mid-Atlantic mobile connectivity than remote region broadband.
  Their planned implementation just seems much better than others with beam shaping, linked satellites and less than 200 satellites to maintain and replace.
  Although you're not wrong about our telecom track record...
- Your internet and mobile phone service kicks the UKs arse.

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.
- On the contrary, I think it is something to avoid. Imagine letting a single person ground all space launches for 9 years. And all the pollution that adds to the atmosphere. All the junk landing on people's farms or houses.
- This is true at 500km altitude, but not so at higher LEO altitudes.

Unpopular opinion: we don't need freaking internet from satellites, just get cat6 in every home and everyone is happy. I'm sure the cost would be lower then having to launch 999999.91 satellites to have similar speeds

cat 6 in every home lol. you have any idea about range of cat 6? I mean, any?
- ~50m for cat6, ~100 cat6a, enough to get you to a switching box where you connect to fiber.
There are remote areas where cable won’t reach. For example, I need surveillance on a remote farm and I would love to get internet there.
- Cable will reach anywhere. There is not such a place that cable "will not reach". Is there a profit incentive to serve you as a customer in a capitalist system? Maybe not. But cable will reach.
- I understand, but that is the exception. Even in your case probably getting 4G / 5G to that area would be cheaper / easier long term. Also Europe has a relatively high density compared with other continents
You do if you're fighting a war against Putin and the ketamine troll is threatening to turn off your internet.
Now get rid of the home and the cable, how do you cover 99.9% of the earth? Nomads need satellite, and so do rural homes too far from an isp fiber/copper endpoint But yes, if starlink has it done, why double the satellites to do it again with a different name? Because it's easier to launch 1000 more satellites than dismantle the system that enables such feats.
Cat 6A caps out at like 330 ft. Also thats a ton of copper.
Fiber optic nonprofit utilities makes more sense in cities and in rural areas we should just subsidize cell phone data plans.
- I didn't say that cat6 should be used everywhere, usually is just for "last mile delivery" get it from your home to a switching box that has fiber.
supporting this motion
Exactly! Amazon can ship it to you for like 10 bucks. Problem solved!
- You need to plug it into something though. If you are on a boat, what are you going to plug into?
  For my house I use a 4G router and a combination of ethernet and wifi over the LAN. 4G is also fine for kayaking, but if I had a larger boat that went further out and for longer I would probably consider satellite options.
Not unpopular but I think they are just trying to grab some of SpaceX market share in this space (no pun intended). I agree cable is better but these folks are trying to make money.

So much space junk….

We all know why CNBC. You could have just posted the title.

Because the drug addled used car salesman who's currently about to default on his Twitter loans decided to embrace his roots and started throwing up seig heils and is currently having a crack team of 4chan incels dismantle a government while he threatens the world and works to make what he's doing here happen everywhere.

Dude is a comic book villain. Villain of the week level. No real staying power. Either he'll go broke or die from a ketamine overdose before Xmas. And what a gift that will be. I hope it happens on video.

die from a ketamine overdose
Please stop, I'm old and I can only get so excited.
I'd prefer full on mental breakdown while giving us his 1 bullet point live on TV, just follow Adolfo's guide all the way to the end
- Don't forget the HCN. Just to be sure you know.
- Ah, pulling a Budd Dwyer, except be actually guilty.

If only I wasn't too chicken shit to start investing... I was looking at Eutelsats stocks earlier in the week. But it'd be my first steps on the market so decided against it.

I finally got brave enough to do it. Between August and January I had made over 800%.
Trump has ruined that for me. Oh well.
I'm not even sure how, it seems like its kind of wealth gated because you have to be able to make enough from your investments to cover brokerage fees. I'm not aware of any non US retail investment platform that doesn't have a regular fee to pay.
- Trading212.
Diversified investing is better anyway (for your wallet and mental health)

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.
- Then it is a monopoly building if you take the limited slots before others companies 😁
  I was wondering because starlink's terminals are around $500 while eutelsat's are 10k. It seems it can be only possible if you accept massive losses on first years, with help of to investors to keep the company running, to take down competitors. Like uber and many others did, which had years of losses before having income.

Yes, but:

Oh look, it's on sale!
This is a bit weird, they got a multi million contract recently. The stock is way undervalued
https://www.businesswire.com/news/home/20250312035452/en/T%C3%BCrksat-to-Leverage-Capacity-on-Eutelsat%E2%80%99s-KONNECT-VHTS-Satellite-for-In-flight-Connectivity-over-Europe

This is why I will never be rich. I never see business opportunities to buy tons of stock and act upon them.

You also need a ton of money to invest or you're just getting pocket change.
- Commission fees are less than a buck. The rules don't change just because you have little money.
- Pocket change is better than no change.
Even if I would see them I probably wouldn't have enough money to benefit of of them
See you just need to have inside information. There's absolutely no way these rich assfucks aren't trading on insider info.

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...
- Yeah I'm familiar with Ariane 6. It costs almost double what SpaceX changes external customers per launch, not even counting that their internal rate would be even lower. Plus you'd need more launches since the payload capacity is lower. You'd end up paying 3x or more the cost. At that point, why not just buy falcon 9 launches? Otherwise it seems like there'd be very little way to compete.

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..
Easy there, Powder... Although you are absolutely right

invest in community run broadband instead

Yes, but the surge is for Ukraine and Europe is gearing up to defend itself. It’s easier for Ruzzia to take out community broadband than it is satellites in orbit around earth.
- And it's harder to do both at once.

Good. Fuck Starlink.

here’s why

What could it be?

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 it's fruitful or in the farther future when the company dramatically increases its market share.

For the dishes: I don't know the details of the 2 systems, but is there no way to retrofit the Starlink dishes to use Eutelsat's constellation? I mean if we exclude the legal IP mess for reverse-engineering the electronics and software.

Increased by 3.9X.

I always wish I was quick enough to take advantage of things like this but I always miss the boat

Does make me think about the story of Thales of Miletus; ancient Greek philosopher, got asked what use was philosophy if it doesn't make you any money. Predicted good weather, and monopolised all the olive presses, made a fortune.
For a modern example; shares in Rheinmetall (German firm who make, amongst other things, the turrets for tanks) have gone through the roof after the recent US debacle. I could have told you a year ago that Trump getting in would have meant the US abandoning Ukraine; obvious in hindsight that that would mean a boon for European arms manufacturers.
I don't think you need to be quick to take advantage. I think you need insight. If there's a topic that you're knowledgeable about and you can see which way the wind is blowing, then you can make your own boat.
https://en.wikipedia.org/wiki/Thales_of_Miletus#Olive_presses