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A French competitor to Elon Musk's Starlink saw its shares triple in value as Trump halted aid to Ukraine

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Eutelsat shares on the Paris exchange surged 68% on Monday before jumping another 123% the next morning to $ 4.77 .

The leap comes as the US suspended aid to Ukraine on Monday , prompting fears of disruptions to its Starlink access.

There's no clear sign of that happening yet, but Eutelstat said it's in talks with the EU .