Europe's new space merger explores the FOMO frontier

  • Posted on October 27, 2025
  • By Yahoo News
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Europe's new space merger explores the FOMO frontier

PARIS/LONDON (Reuters) -Driven to the brink by Elon Musk's SpaceX, Europe's biggest satellite firms are setting aside longtime rivalries in a do-or-die $7 billion merger that some insiders are already calling Project FOMO. A riff on Project Bromo, the code name for talks that led to Thursday's deal between Airbus, Thales and Leonardo, their fear of missing out reflects a market dominated by SpaceX and its Starlink array as well as new mega-constellations in China.
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