this post was submitted on 22 Oct 2024
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A satellite belonging to multinational service provider Intelsat mysteriously broke up in geostationary orbit over the weekend.

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[–] reddit_sux@lemmy.world 16 points 1 month ago (2 children)

Now would be the best time to do it

[–] qaz@lemmy.world 9 points 1 month ago (2 children)
[–] chiliedogg@lemmy.world 10 points 1 month ago

If it doesn't do it on its own, one of 2 things will happen:

  1. They get bought out, which almost always results in a bump.
  2. The government bails them out, which is an even bigger bump.
[–] a_wild_mimic_appears@lemmy.dbzer0.com 10 points 1 month ago (1 children)

Their vehicles don't, so i wouldn't hold my breath

The doors pop off midflight, now would the best time to hold your breath.

[–] BarryHalls@lemmings.world 7 points 1 month ago (1 children)

Unless it's a dead cat moment :)

[–] reddit_sux@lemmy.world 1 points 1 month ago

I don't think government will let the company fold. The stock will go up not in the short term but over 10-15 years it will surely fly.

Having said than enron is still in the back of the mind.