Elon Musk's Starlink project is ushering in a new era in space. European aviation giants Airbus, Leonardo, and Thales are joining forces to establish a leading company in space.

This new company aims to strengthen Europe's space strategy. Expected to launch in 2027, this initiative will employ 25,000 people and target an annual revenue of 6.5 billion euros.

Elon Musk's Starlink network is also making waves in the aviation sector. Virgin Atlantic will offer ultra-fast Wi-Fi to its passengers through its partnership with Starlink.

Europe's ambitions in space have gained significance as the US pulls back from space. Europe plans to make significant investments to develop its own space programs.

The increasing competition in space will accelerate innovation and strengthen Europe's strategic autonomy. These new developments herald an exciting period in space exploration.