The rise of SpaceX and its founder Elon Musk has generated unease across Europe, as SpaceX surpasses the European Space Agency in orbital missions and satellite launches. With over 7,000 satellites for broadband Internet, SpaceX poses a threat to Europe's goal of maintaining sovereign access to space. The region's response includes forming new alliances and proposals like Airbus's Project Bromo with Goldman Sachs. However, this approach faces skepticism among experts who question its potential for success against Musk's formidable enterprise. Political tensions further complicate Europe's response to the situation.
SpaceX has surpassed the European Space Agency and its partners in orbital missions, launching 134 last year compared to Europe's mere three, fueling European unease.
Europe is wary of SpaceX's dominance because it threatens their sovereign access to space, risks undermining local businesses, and is complicated by Musk's political rhetoric.
The idea of Airbus partnering with Goldman Sachs to create a new European space company is raising eyebrows and seen as a foolish response to SpaceX's success.
Project Bromo aims to create a more competitive European space services offering but has drawn skepticism regarding its viability in the shadow of SpaceX.
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