 France’s Eutelsat satellite company saw its stock price jump nearly 18% after Ukraine claimed the US restricted its access to SpaceX's Starshield network. Eutelsat is the only real alternative to SpaceX for satellite internet. Since this US-Ukraine dispute highlighted the danger of relying on a single American company, investors rushed to Eutelsat. 

This company is highly relevant to India because Eutelsat OneWeb is backed by Sunil Mittal’s Bharti Airtel, and they are currently preparing to launch high-speed satellite internet across India to compete directly with Elon Musk's Starlink.