Amazon buys SpaceX rocket launches for Kuiper satellite internet project

Amazon bought three rocket launches from SpaceX for its Project Kuiper internet satellites, the tech giant announced on Friday. The move is a surprise from Amazon, given the company’s Kuiper system aims to compete with Elon Musk’s Starlink in the satellite broadband market. Both Starlink and Kuiper represent multibillion-dollar efforts to create networks with thousands of satellites in orbit to serve customers ranging from consumers to governments. More

(Source: CNBC - Dec 2)