Amazon's Satellite Gambit: A New Player Enters the Field Amazon's latest move to build a satellite network for mobile phones has set off alarm bells in the tech industry, particularly at SpaceX.
The company has dominated both satellite internet and satellite to mobile services. Competition is driving innovation in this field. With Amazon throwing its hat into the ring, SpaceX will be forced to up its game.
To stay ahead, SpaceX announced plans to spend $20 billion buying spectrum from EchoStar to build out its mobile constellation. However, scratch beneath the surface and a more complex picture emerges.