French satellite operator Eutelsat Communications SA said talks with the European Union to replace Elon Musk’s Starlink in Ukraine are intensifying as the US pulls back from its commitments there.

French satellite operator Eutelsat may become an analogue of Elon Musk's Starlink.Financial Times reported this.The company is negotiating with European

Eutelsat's share price has nearly tripled since Monday. The stock surge was tied to Donald Trump's decision to suspend aid to Ukraine. Eutelsat's OneWorld satellite

After Trump and Musk gutted the Federal Aviation Administration, the agency directed staff to locate tens of millions of dollars for a Starlink deal.

Elon Musk's rocket company SpaceX said on Wednesday that its Starlink satellite unit has no intent to take over any Federal Aviation Administration telecommunications contract, rejecting media reports.

The Federal Aviation Administration has agreed to use SpaceX’s Starlink internet system to upgrade the information technology networks it uses to manage US airspace, raising new concerns about conflicts of interest for CEO Elon Musk in one of his other roles,