Explanation:

Elon Musk’s Starlink has lost dozens of satellites that were caught in a geomagnetic storm a day after they were launched on February 3. Up to 40 of the 49 satellites were impacted, Starlink said, causing them to fall from orbit before they could be commissioned.

• Solar storms are magnetic plasma ejected at great speed from the solar surface.
• They occur during the release of magnetic energy associated with sunspots (‘dark’ regions on the Sun that are cooler than the surrounding photosphere), and can last for a few minutes or hours.
• The solar storm that deorbited the satellites occurred on February 1 and 2, and its powerful trails were observed on February 3.

Effect on Earth

• Not all solar flares reach Earth, but solar flares/storms, solar energetic particles (SEPs), high-speed solar winds, and coronal mass ejections (CMEs) that come close can impact space weather in near-Earth space and the upper atmosphere.
• Solar storms can hit operations of space-dependent services like global positioning systems (GPS), radio, and satellite communications.
• Geomagnetic storms interfere with high-frequency radio communications and GPS navigation systems. Aircraft flights, power grids, and space exploration programmes are vulnerable.
• CMEs, with ejectiles loaded with matter travelling at millions of miles an hour, can potentially create disturbances in the magnetosphere, the protective shield surrounding the Earth.

Hence both statements are correct.