Back
Jan 21, 2026

Elon Musk teases Ryanair takeover in Starlink spat, but EU ownership rules loom large

Elon Musk teases Ryanair takeover in Starlink spat, but EU ownership rules loom large
Elon Musk’s latest social-media gambit has catapulted Irish carrier Ryanair into an unusual spotlight: a tech-billionaire takeover rumour. In a series of posts on X (formerly Twitter) on 20 January, Musk labelled Ryanair chief executive Michael O’Leary “an idiot”, polled followers on whether he should buy the €30 billion airline, and joked that someone named Ryan should run it. The outburst followed O’Leary’s blunt refusal to install Musk’s Starlink satellite-internet antennas, citing a 2 % fuel-burn penalty that would add up to US$250 million a year.

Investors shrugged—Ryanair shares dipped just 1 %—but the episode raises serious mobility questions. Under EU Regulation 1008/2008, European airlines must be majority-owned and effectively controlled by EU/EEA nationals; Musk, a South-African-born U.S. citizen, would therefore need a complex trust structure or European partners to clear regulatory hurdles. The European Commission has enforced these rules strictly since Brexit, forcing UK shareholders in IAG and easyJet to cede voting rights. Any Musk move would invite similar scrutiny from Ireland’s Commission for Aviation Regulation and Brussels.

For corporate travel buyers the bigger issue is the future of in-flight connectivity. Starlink has won early aviation customers such as Hawaiian Airlines and JSX, promising 350 Mbps beams per aircraft. O’Leary argues Ryanair’s ultra-low-cost model cannot absorb the drag-related fuel bill, while Musk insists next-generation flat-panel antennas mitigate the penalty. If a détente emerges, Irish passengers could eventually enjoy gate-to-gate broadband that rivals ground-based Wi-Fi—transforming productivity on the €5 billion annual Dublin-London business corridor.

Elon Musk teases Ryanair takeover in Starlink spat, but EU ownership rules loom large


Companies and individual travellers caught up in this debate may still have one constant: the need for the right travel documents. VisaHQ’s Ireland platform can simplify everything from Schengen visas to complex multi-destination itineraries with online applications, real-time tracking, and expert support (https://www.visahq.com/ireland/), ensuring mobility managers keep colleagues moving smoothly—regardless of who owns the planes or how fast the onboard Wi-Fi gets.

Musk’s history of turning Twitter talk into boardroom action (think the US$44 billion Twitter acquisition) keeps analysts from dismissing the idea outright. Yet even if he assembled an EU-compliant consortium, takeover premiums north of €40 billion and Ryanair’s fiercely independent culture make the deal improbable. O’Leary, who once told investors he’d rather “quit and breed goats in West Cork than sell to amateurs”, still holds sway with Ryanair’s founding Ryan family and key institutions.

In the short term, mobility managers should monitor whether the spat delays any future Ryanair decision on on-board Wi-Fi—an amenity increasingly demanded by remote-first Irish companies. The tussle also underscores how technology providers and low-cost carriers must align on cost-benefit equations before passengers see meaningful upgrades.
VisaHQ's expert visas and immigration team helps individuals and companies navigate global travel, work, and residency requirements. We handle document preparation, application filings, government agencies coordination, every aspect necessary to ensure fast, compliant, and stress-free approvals.
×