Amazon Taps SpaceX For Satellite Launch Despite Jeff Bezos' Rocket Company: Elon Musk Says It Will Be 'Fair And Square'
Portfolio Pulse from Anan Ashraf
SpaceX has signed a contract to launch Amazon's Project Kuiper satellites, which will provide satellite internet similar to SpaceX's Starlink. The launches will begin mid-2025 using the Falcon 9 rocket. Amazon has also contracted with Arianespace, United Launch Alliance, and Blue Origin for additional launches. Elon Musk stated that SpaceX launches competitor satellites fairly, without favoring their own. Amazon's first Kuiper satellites were launched in October, and full-scale deployment is planned for the first half of 2024, with customer pilots in the second half.
December 02, 2023 | 7:10 am
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POSITIVE IMPACT
Amazon's Project Kuiper satellite internet service is advancing with SpaceX contracted for launches starting mid-2025. This partnership may enhance Amazon's competitive position in the satellite internet market.
The contract with SpaceX for launching Project Kuiper satellites is a significant step for Amazon, indicating progress in its satellite internet venture. This could positively impact investor sentiment as it shows Amazon's commitment to diversifying and expanding its services. The partnership with a reputable launch provider like SpaceX may also reassure investors about the project's viability.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80