BusinessInnovationTechnology

European Aerospace Giants Merge Space Divisions to Challenge SpaceX Dominance

Europe’s three largest aerospace manufacturers are merging their space divisions to create a formidable competitor to SpaceX. The new joint venture will employ approximately 25,000 people and focus on satellite development and space sovereignty.

Major European Space Consolidation

Europe’s three largest aerospace manufacturers—Airbus, Leonardo, and Thales—have finalized an agreement to combine their space divisions into a single entity, according to reports. The consolidation creates what industry analysts suggest could become a significant competitor to American space company SpaceX, particularly in the satellite communications market.

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GE Aerospace Stock Soars 65%: Key Drivers Behind the Surge

GE Aerospace stock has reportedly surged approximately 65% over a six-month period, according to financial analysis. Sources indicate the dramatic increase stems from renewed aviation demand and strategic corporate actions. Analysts suggest the company’s valuation multiple expanded significantly during this period.

Substantial Stock Performance

GE Aerospace (NYSE:GE) stock has reportedly delivered impressive returns, surging approximately 65% between April 18, 2025, and October 15, 2025, according to financial analysis published by Forbes contributors. The report states this performance was primarily driven by strong operational results and an optimistic business outlook that boosted investor confidence.