Trump Policies Cause Global Starlink Contraction
The cancellation of Ontario's $100 million Starlink deal by Premier Doug Ford is a significant setback for SpaceX, following Italy's decision to reconsider its $1.6 billion contract due to the White House's shift in NATO and European security commitments. The Trump administration's policy changes have caught many allies off guard, leading to re-evaluation of partnerships with companies like SpaceX. Ontario's move may be a small but instructive example of how US tariffs can impact international business.
- The ripple effects of these deal cancelations will likely be felt across the global satellite communications industry, as companies scramble to adapt to changing policy landscapes and uncertain market demand.
- What role might China play in filling the void left by Starlink's waning presence in European military and civilian satellite networks?