
Sam Mendoza
shared a link post in group #SpaceX 🚀
Amazon has bought three rocket launches from SpaceX for its satellite internet project. The decision surprised industry experts since the two are competitors.
- Amazon owns a company named Project Kuiper, with the mission of providing internet connection for people around the world by launching satellites.
- This business is a direct competitor of Starlink, SpaceX's subsidiary, which provides the same service.
- Starlink provides coverage in 60 countries and has over 2 million subscribers as of September 2023.
- The business generated $1.4B in 2022, generating a small profit at the beginning of 2023.
https://www.cnbc.com/2023..
#SpaceX 🚀

www.cnbc.com
Amazon buys SpaceX rocket launches for Kuiper satellite internet project
The move is a surprise from Amazon, given the company's Kuiper system aims to compete with Elon Musk's Starlink in the satellite broadband market.