Shares for Starlink Competitor Jump 500% As Trump Halts Aid to Ukraine

• The US’ fraying relationship with Ukraine is boosting European satellite firm Eutelsat.
• Its share price has skyrocketed amid fears that Ukraine could face disruptions to its Starlink access.
• There’s no clear sign of that happening yet, but Eutelsat said it’s in talks with the EU.

French satellite provider Eutelsat’s shares have skyrocketed amid concerns that Ukraine’s access to Starlink may be under threat.