Amazon's $2.7T Satellite Arsenal Threatens SpaceX Starlink Dominance

Amazon.com Inc ramps up its challenge to SpaceX's Starlink via Amazon Leo satellites, with 180 already in orbit and plans for 3,000 more, fueled by a $11.6 billion Globalstar acquisition for direct-to-device tech. Backed by $123 billion cash reserves and deals with Apple, AT&T, and JetBlue, Amazon eyes bundling with AWS and Prime to erode Starlink's lead of 7,800 satellites and $15-16 billion revenue. This escalating rivalry heightens risks to SpaceX's ~$2 trillion IPO valuation, spotlighting Amazon's strategic edge in satellite internet.