Amazon Teams Up with Elon Musk's SpaceX in Rare Satellite Launch Deal
- by International Business Times
- Jul 16, 2025
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Published 07/16/25 AT 10:37 AM EDT
Share on Facebook said. The Kuiper project could eventually include more than 3,200 satellites.
Project Kuiper is one of Amazon's biggest bets. The company has already invested more than $10 billion and may spend over $20 billion more to complete the network.
Analysts at Bank of America estimate Amazon could generate over $7 billion a year in revenue from the service by 2032 if it grabs a big share of the market.
"Amazon is working hard to meet its goals and bring internet access to people who need it," said the company, pointing to plans to serve rural and underserved communities.
Elon Musk's SpaceX, on the other hand, has a head start. Starlink already has about 8,000 satellites in orbit and nearly 5 million users worldwide.
But that hasn't stopped Amazon from pushing forward. While Amazon's founder Jeff Bezos also owns the rocket company Blue Origin, it's not yet ready to handle most Kuiper launches.
Originally published on vcpost.com
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