
American Airlines said it will install Starlink Wi-Fi, a satellite internet service by Elon Musk’s SpaceX, on its aircraft, prompting a sharp move in $AAL shares.
American Airlines shares rose more than 7% after the company announced plans to install Starlink Wi-Fi, a satellite internet service, on its airplanes. The market reaction suggests investors viewed the move as a potentially positive upgrade to the airline’s onboard connectivity offering. The source identifies the service as Starlink Wi-Fi and links it to Elon Musk.