2026.07.18 21:35

UK Taxpayers Lose £340 Million on Starlink Rival British taxpayers are reportedly sitting on an estimated £340 million paper loss from the government-backed Eutelsat OneWeb project, built as a rival to SpaceX’s Starlink. The UK’s combined £517 million investment is now worth only around £175 million, as per @outerspacetoday British taxpayers are paying the price because the government would rather compete with Elon Musk than use the better product he already built. They deserve the best technology, not an inferior government-backed alternative they are forced to subsidize.

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