Chokepoints and the cost of cutting off access

Private companies now have significant control over critical infrastructure, including internet connectivity, which can be used as a strategic tool in times of conflict. This is evident in the case of SpaceX's Starlink satellite internet service, which was asked to provide coverage in Ukraine but refused due to concerns about becoming involved in a major act of war. The decision highlights the power of private actors in shaping global events and the potential risks of relying on them for essential services.

Why it matters

The story is about a past event and does not indicate any current market-moving developments. It shows the role of private companies in geopolitical conflicts, which can have unpredictable consequences for markets.

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