Starlink rival Eutelsat OneWeb gains as investors bet it could benefit from geopolitical tensions

Shares surge 23% after Ukraine says SpaceX had restricted military-grade satellite services

Analysts say OneWeb ​cannot quickly replace Starlink despite investor optimism

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[–] 3 points 5 hours ago (2 children)

I would really love to see them succeed in the long run, but the shares are going up and down based on these types of news.

Shares going up and down are really just rich people gambling. Unfortunately, this kind of gambling isn't nearly as well regulated as other forms of gambling, yet it has a real impact on entire societies rather than just the gamblers themselves and their family.

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