Two apparent contradictory sets of facts exist concerning the presence of a magnetosphere at Uranus. The Voyager planetary radio astronomy experiment has not detected a Uranus signal at a range<0.7 AU, whereas IUE satellite observations show relatively strong emission indicating the presence of substantial particle excitation of the atmosphere. The character of the EUV emission implies the presence of an ionosphere, and mass‐loading of the extended system comparable to that of Saturn. If the ingredient for production of an active magnetosphere is present, the non detection of radio emission then suggests that Uranus has a very weak or non existent magnetosphere. The apparent paradox of an excited atmosphere in the absence of an active magnetosphere may possibly be explained in terms of the peculiar characteristics of the excited sunlit equatorial exospheres of Jupiter and Saturn. We suggest that 1) the observed Uranus EUV emission may be a similar phenomenon to those observed in the sub‐solar equatorial regions of Jupiter and Saturn, which appear to be disconnected from auroral or magnetospheric activity, and 2) the Uranus intrinsic magnetic field is probably weak or nonexistent because of the availability of substantial mass for producing an active magnetosphere as derived from the nature of the EUV emission. We predict a substantial escape rate of atomic hydrogen (∼2 × 10