Starlink rival Eutelsat pops 22% as France backs $1.55 billion capital raise

cnbc.com/2025/06/20/satellite-operator-eutelsat-pops-as-france-backs-capital-raise.html

Eutelsat shares popped on Friday morning, after the European satellite operator announced a 1.35-billion-euro ($1.55 billion) capital raise led by the French state and backed by other investors.
The company's stock was up 22% at 10:15 a.m. London time.
The company said that, along with a…

This story appeared on cnbc.com, 2025-06-20 11:59:48.381000.
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