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Amazon Challenges SpaceX in Space

·4 min read
Amazon Challenges SpaceX in Space
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Amazon (NASDAQ: AMZN) announced in November that -- at long last -- it's getting ready to roll out its Project Kuiper initiative to provide broadband internet service via satellite. Thanks to the popularity of Starlink, satellite-provided broadband internet has become an idea most closely associated with SpaceX, not Amazon. In the six years since SpaceX announced plans to put a constellation of 12,000 Starlink satellites in orbit, and in the year and a half since it began opening up Starlink for beta service, Starlink has put about 1,800 operational satellites in orbit and expanded its footprint to 25 countries -- and 145,000 customers -- receiving satellite internet service.