SpaceX is moving to raise over $30 billion through an initial public offering next year, targeting a $1.5 trillion valuation. This marks a shift for Elon Musk, who has previously resisted taking the company public due to concerns over shareholder pressures.

Eutelsat, a French satellite company and competitor to Musk's Starlink, has raised €163 million from the UK government, which already holds a 10.9% stake. The funding will help address immediate needs as Eutelsat prepares for a significant capital raise of €4 billion by 2032 amidst increasing concerns over European reliance on foreign satellite infrastructure.