"Amazon Teams Up with SpaceX to Launch Project Kuiper Satellites, Challenging Starlink"

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Source: Yahoo Finance
"Amazon Teams Up with SpaceX to Launch Project Kuiper Satellites, Challenging Starlink"
Photo: Yahoo Finance
TL;DR Summary

Amazon has signed a contract with SpaceX for three launches of its Project Kuiper satellites, which will compete against Elon Musk's Starlink broadband internet service. This comes after an investor lawsuit claimed that Amazon excluded SpaceX from its procurement process due to Jeff Bezos' personal rivalry with Musk. Amazon's goal is to put over 3,300 satellites into low Earth orbit, with half of its Kuiper constellation launched by 2026. The SpaceX launches are targeted to begin in mid-2025, and Amazon expects to have enough satellites deployed by the second half of next year to start early customer pilots. Starlink currently has a head start and is expected to represent the majority of SpaceX's revenue next year.

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