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

Japan Gold Intersects Gold Mineralization Drilling At Mizobe, Encounters Banded Chalcedony Vein

Antimony Resources Drills 5.10% Sb Over 4.0 Metres At Bald Hill

Related News

Tesla Faces Safety Probe Anew Following “Phantom Breaking” Complaints

It seems the electric vehicle manufacturer can’t catch a break. Another safety investigation looms over...

Saturday, February 19, 2022, 03:25:00 PM

‘Doge Escalated Quickly’: The US$258-Billion Dogecoin Lawsuit Against Elon Musk Gets Fresh Plaintiffs, Defendants

The ‘Dogefather’ gets new members of the family, but also fresh enemies. The class action...

Thursday, September 8, 2022, 01:28:00 PM

Twitter Intensifies Paywall Policy: TweetDeck Now Exclusively for Twitter Blue Subscribers

Twitter has revealed that another feature of its platform, TweetDeck, will soon be available only...

Wednesday, July 5, 2023, 06:22:00 AM

Donald Trump Fires Back, Says He Could’ve Asked Elon Musk To Drop To His Knees And Beg

And so the Donald Trump-Elon Musk social media melodrama continues.  In a not-so-surprising turn of...

Wednesday, July 13, 2022, 10:58:00 AM

Elon Musk Says “Wise To Avoid Using Margin Loans” After Lenders Set Sight On Tesla Stocks

In response to a question about Tesla’s stock performance on Twitter, Tesla (Nasdaq: TSLA) CEO...

Friday, December 9, 2022, 08:45:00 AM