Tuesday, February 24, 2026

Battle of the Billionaires: Musk Blasts Amazon for Trying to Cripple SpaceX Starlink Satellite Project

The world’s richest man, Elon Musk, and the world’s second richest man, Jeff Bezos, have sparked a battle in front of US regulators over their satellite internet projects.

The conflict between the two billionaires began when SpaceX attempted to convince the US Federal Communications Commission to allow it to position Starlink satellites closer to Earth than originally expected. Amazon was one of the companies that had attempted to block the move, citing potential interference with other satellites. In response to Amazon’s objections, SpaceX accused the e-commerce company of making misleading claims, while also taking a stab at its Project Kuiper network, noting that it has yet to move past preliminary stages.

On Tuesday, Musk himself barraged into the conflict, reiterating on Twitter that SpaceX is significantly further along in the race to develop adequate satellite technology. It does not serve the public to hamstring Starlink today for an Amazon satellite system that is at best several years away from operation,” he exclaimed.

As of current, there are approximately 1,000 Starlink satellites in orbit, offering services to a limited number of customers across the US, Canada, and the UK. Starlink’s service is currently only in the beta testing phase, which allows early adopters to opt in via an upfront cost of $499, followed by a $99 monthly fee thereafter. SpaceX has revealed it plans to launch thousands of more satellites in the near future, with the intent of offering “near global coverage.”

In the meantime, Amazon has been working on creating its own system called Project Kuiper, with plans to launch more than 3,000 satellites into low-earth orbit. At the end of 2020, the company reached a critical milestone on its antennas, but has yet to create any satellites.


Information for this briefing was found via CNBC. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Can the World Actually Supply $6 Copper? | Greg Ferron – PTX Metals

1911 Gold: The Power Of A Mine Restart

Is Gold Repeating the 2005 Setup Before The Big Run? | Geordie Mark

Recommended

Nord Precious Metals Hits Multiple Intervals Of Mineralization In Latest Drill Hole At Castle East

Goliath Resources Sees 13% Grade Boost As Stifel Draws Parallels To Great Bear

Related News

Ford Government Terminates $100M Starlink Contract Over Trump Tariffs

Ontario has officially terminated its $100 million contract with Elon Musk’s Starlink satellite internet service,...

Thursday, July 31, 2025, 04:29:00 PM

Charlie Kirk, Tim Pool Lead Crowdfunding For Musk, Boycott Call On Withdrawing X Advertisers

A number of online personalities on X (fka Twitter) are banding together to show support...

Wednesday, November 22, 2023, 06:32:00 AM

Elon Musk Mocks BBC Investigation Into Rise of Trolling and Hate Speech on Twitter

“Sorry for turning Twitter from nurturing paradise into place that has … trolls,” Twitter owner...

Tuesday, March 7, 2023, 02:19:00 PM

Blue Check For US$20, Longer Character Count: Things We Can Expect From Elon Musk’s Twitter

It’s no secret that Elon Musk is the new owner of Twitter (NYSE: TWTR) and...

Monday, October 31, 2022, 03:01:00 PM

‘The Big Short’ Michael Burry: Tesla’s Bitcoin Purchase Was A Distraction From Quality Control Complaints

Michael Burry, the infamous hedge fund manager who successfully predicted the US housing market collapse...

Wednesday, February 10, 2021, 05:39:00 PM