Starlink

SpaceX is planning a secondary share sale that could lift its valuation to about $800 billion, with a possible IPO by the end of next year. The offering would likely combine the lucrative Starlink broadband network—projected to earn $10 billion annually by 2028—with its core launch services, creating a “two‑for‑one” investment. Analysts cite the company’s cost‑effective Falcon 9, upcoming fully reusable Starship, and strong government and commercial contracts as drivers, while noting competition from Blue Origin and regulatory risks for its LEO constellation.

French satellite operator Eutelsat’s shares dropped 7.8% after SoftBank halved its stake, selling 26 million shares. The move follows SoftBank’s shift toward AI investments. Eutelsat, which merged with OneWeb to rival Starlink, operates 600+ satellites versus Starlink’s 6,750, and has struggled in the U.S. market. A €1.35 billion French‑state injection makes the government its largest shareholder. The firm now targets high‑value B2B services—government, aviation, emergency and maritime—seeking stable cash flow amid European digital‑sovereignty support.

T-Mobile is expanding its satellite-based Text to 911 service, powered by T-Satellite and Starlink, to all compatible wireless devices, regardless of carrier. This provides a crucial safety net in 500,000 square miles of the U.S. lacking traditional cell coverage. While competitors offer device-specific solutions, T-Mobile offers free access to Text to 911 for all users meeting the specified criteria. They also have options with more functionality and is raising important questions about upgrades for emergency response infrastructure.