{"id":238512,"date":"2025-10-20T12:09:13","date_gmt":"2025-10-20T12:09:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/238512\/"},"modified":"2025-10-20T12:09:13","modified_gmt":"2025-10-20T12:09:13","slug":"european-aerospace-giants-join-forces-to-compete-with-spacex","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/238512\/","title":{"rendered":"European Aerospace Giants Join Forces to Compete with SpaceX"},"content":{"rendered":"<p>&#13;<\/p>\n<p>In a strategic move to challenge the advancement of Elon Musk&#8217;s SpaceX, European aerospace leaders Leonardo, Airbus, and Thales have reached a preliminary agreement to merge their satellite industries. According to sources familiar with the development, Leonardo&#8217;s board is slated to meet on Tuesday to deliberate on the deal&#8217;s specifics.<\/p>\n<p>The merger seeks to establish a formidable satellite manufacturing entity that mirrors the European MBDA missile enterprise. Despite prolonged discussions spanning more than a year, political and valuation disagreements between France and Italy have hindered progress, exacerbated by a government crisis in Paris.<\/p>\n<p>The joint venture, valued at approximately 10 billion euros, must overcome the hurdle of an anti-trust review by the European Commission to proceed. As space exploration pivots towards cost-effective satellite production, Europe faces pressure to consolidate its assets or face obsolescence in this rapidly evolving market.<\/p>\n<p>&#13;<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; In a strategic move to challenge the advancement of Elon Musk&#8217;s SpaceX, European aerospace leaders Leonardo, Airbus,&hellip;\n","protected":false},"author":2,"featured_media":238513,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[22604,11,131871,13390,37750,131873,131874,131872,79,193,1513,93639],"class_list":["post-238512","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-airbus","tag-elon-musk","tag-european-aerospace","tag-european-commission","tag-leonardo","tag-project-bromo","tag-satellite-market","tag-satellite-merger","tag-science","tag-space","tag-spacex","tag-thales"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/238512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=238512"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/238512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/238513"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=238512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=238512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=238512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}