Space as an investment

@jesper.hagman has written an interesting article, among other things, about how Airbus, Thales, and Leonardo are preparing to merge their satellite businesses into a new company. :slight_smile:

Industry giants Airbus, Thales, and Leonardo are preparing to merge their satellite businesses into a new company valued at $11.6 billion. The goal is to create a European counterforce to SpaceX, Amazon, and China’s growing space industries, and to take on the challenge of future satellite markets.

Europe is taking a historic step to avoid being left behind in the so-called “new space race.” Three industrial giants, Airbus, Thales, and Leonardo, have reached an agreement to merge their satellite divisions in a project operating under the working title Project Bromo. The deal is estimated to be worth approximately 130 billion kronor, and it would create a unified European player capable of competing in markets where SpaceX’s Starlink already dominates.

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SpaceX is aiming for a valuation of as much as $800 billion in a planned stock transaction where some current owners are selling their shares. :face_with_monocle: The company has arranged such transactions approximately every six months, most recently at a $400 billion valuation.

https://www.bloomberg.com/news/articles/2025-12-05/spacex-said-to-offer-insider-shares-at-record-setting-valuation?srnd=homepage-europe

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