SpaceX's European Rival Eutelsat's CEO Says Company Sees Demand In US Despite Elon Musk's Pushback

Benzinga_recent_news04-27 16:23

European satellite operator Eutelsat‘s CEO Jean-Francois Fallacher on Sunday shared that the company is seeing steady demand for its services in the U.S. despite pushback from SpaceX and its CEO, Elon...

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Commission (FCC) on April 16, urged the agency to limit access for operators to the U.S. market whose governments block U.S. companies, the report said. It also pointed towards European regulators’ EU Space Act, which could limit U.S. companies’ access to the region, urging the FCC to retaliate with similar measures.\nThe news comes as SpaceX is gearing up for an IPO this summer, where it will be targeting a valuation of $1.75 trillion, aiming to raise over $75 billion.\nCheck out more of Benzinga's Future Of Mobility coverage by following this link.\nPhoto courtesy: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2630036694","isCrawlerRequest":true}