satellite internet
Coverage of satellite internet in the Nexus archive.
- SpaceX and Amazon are tech dopplegangers worth $4.5 trillion—and they’re headed for a collision
SpaceX and Amazon share similar business structures despite different primary industries, including satellite internet, cloud computing, and chip manufacturing. Both companies face valuation disparities, with SpaceX valued at $2 trillion despite $4.9 billion in losses, compared to Amazon's $2.6 trillion valuation and $77.7 billion in revenue. Analysts question SpaceX's valuation given its significantly lower revenue and losses.
- SpaceX shares begin trading in biggest IPO ever — valuing company at more than $2 trillion
SpaceX shares began trading at $150 each in their first day, valuing the company at over $2 trillion and making founder Elon Musk the world's first trillionaire. The IPO sold 555.6 million shares across rocket, satellite internet, and artificial-intelligence businesses.
- FCC waives Amazon's satellite internet deadline as rocket shortage stalls launches
The FCC has waived Amazon's deadline for launching its satellite internet project due to a rocket shortage, though Amazon must still deploy all 3,232 Gen 1 satellites by July 2029. Satellites launched after the original deadline will temporarily lose spectrum priority status.
- The Morning After: Amazon pledges its satellite internet starts this year
Amazon has pledged to launch its satellite internet service this year, marking a significant step in expanding global broadband access. The initiative aims to provide high-speed internet to underserved regions through a constellation of satellites.