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

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Steadright Subsidiary NSM Capital Sarl Applies For License At Titanbeach One

Goliath Resources Accelerates Option Agreement On Golddigger While Reducing NSR

Related News

Danish Pension Funds Divest $103.8 Million in Tesla Over Labor Dispute

In a growing protest against Tesla‘s (Nasdaq: TSLA) uncompromising stance on labor cooperation in Sweden,...

Friday, December 8, 2023, 02:17:00 PM

Senate Report: Musk Could Avoid Over $2 Billion in Legal Liabilities Through DOGE Role

A new report from the Senate Permanent Subcommittee on Investigations reveals that Elon Musk and...

Tuesday, April 29, 2025, 12:56:00 PM

WaPo Hemorrhages 8% of Subscribers Over No-Endorsement Policy

The Washington Post is facing major disruption after owner Jeff Bezos’s decision to block the...

Tuesday, October 29, 2024, 10:37:38 AM

Elon Musk: “Tesla To Be Worth More Than Apple And Saudi Aramco Combined”

Despite missing delivery and revenue estimates in Q3 2022, Tesla (Nasdaq: TSLA) CEO Elon Musk...

Thursday, October 20, 2022, 11:52:00 AM

Musk’s Ketamine Use Is Apparently In Everyone’s Best Interest

Tesla Inc (Nasdaq: TSLA) CEO Elon Musk believes that his prescribed use of ketamine is...

Tuesday, March 19, 2024, 05:12:50 PM