Amazon launches first internet satellites in SpaceX Starlink challenge
The United Launch Alliance's Atlas V rocket took off from Cape Canaveral Space Station in Florida, carrying 27 Amazon Project Kuiper satellites.
The satellites were sent about 280 miles above Earth, Amazon said.
Project Kuiper is expected to include more than 3,200 advanced low Earth orbit satellites that will deliver 'high-speed, low-latency internet to virtually any location on the planet,' the e-commerce giant said.
Amazon said it has more than 80 rocket launches planned with United Launch Alliance and Blue Origin to deploy the rest of the constellation. Blue Origin and Amazon are both owned by Jeff Bezos.
'We've done extensive testing on the ground to prepare for this first mission, but there are some things you can only learn in flight, and this will be the first time we've flown our final satellite design and the first time we've deployed so many satellites at once,' Rajeev Badyal, the vice president of Project Kuiper, said in a release Monday.
The constellation is currently filled by Elon Musk-owned SpaceX's Starlinks. SpaceX has launched more than 8,000 Starlinks since 2019 and celebrated its 250th launch on Sunday night, The Associated Press noted.
Musk's SpaceX leads the aerospace and rocket industry, hosting nearly 100 launches last year and deploying thousands of its Starlink internet satellites. Blue Origin, founded in 2000 by Bezos, has lagged behind SpaceX when it comes to rocket launches.
The competition heated up last year when Bezos filed a complaint with the Federal Aviation Administration to limit Starship launches, citing environmental concerns.
Musk at the time called the move an 'obviously disingenuous response,' nicknaming the company 'Sue Origin' at the time.
And in 2021, Bezos sued NASA over awarding a lunar lander contract to SpaceX, but ultimately lost the suit.
Bezos and Musk had various social media spats over the years, though the two exchanged positive and joking comments earlier this year, suggesting they may have reconciled some differences.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Bride wants to refuse $100,000 wedding gift because it comes with strings attached. Ramsey show gives advice
A newly-married woman from San Francisco called The Ramsey Show with a dilemma that pits her and her new husband against the cultural expectations of her extended family. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it The caller states that she and her husband were recently married and although some of her extended family couldn't attend the ceremony, her grandmother and aunt wanted to send a generous monetary gift of around $100,000. But instead of being thrilled, the caller was conflicted. Why? Because in her experience, money from family (and especially her opinionated grandmother), tends to come with strings attached. She worried that accepting the funds would invite unwanted advice and interference in her new marriage. To further complicate matters, her mother disagreed with the couple's decision to decline the gift, calling it "disrespectful." She then offered to accept the money on the newlyweds' behalf and 'pass it along,' adding another layer of pressure. What advice did Ramsey and Kamel give the caller? Dave Ramsey and co-host George Kamel were quick to pick up on the real issue — this isn't about a generous gift; it's about control. Ramsey pointed out that while the gift might not come with explicit conditions, the callers' worry of future meddling was valid. "You understand, though, that when you say 'no thank you,'' there is no pleasant enough way to say that to people who think they have the right to walk into your life and tell you what to do … they're still not going to accept that," he said. Read more: Nervous about the stock market? Gain potential quarterly income through this $1B private real estate fund — even if you're not a millionaire. Their advice was firm: Do not accept the money if it compromises your independence or causes stress in your marriage. 'At the time [you] took that vow of 'for richer or poorer, in sickness and health,' that means the rest of you don't get a vote anymore,' Ramsey explained. "[The] ballot box is closed." The hosts emphasized that setting these boundaries is difficult, especially in families where guilt and manipulation are common. Ramsey recommended a book that would help the caller learn to set and keep boundaries. "Get Dr. Henry Cloud's book 'Boundaries,' because when you read it, one of the first chapters is going to tell you you're not crazy. You're not. And that's good. And that this is wrong. And it's not a cultural thing — it's an interference thing." Despite the challenges, Ramsey and Kamel say the discomfort in setting those boundaries will be worth the peace of mind. How to set financial boundaries with family Setting boundaries about money — especially with family — can be emotionally difficult. But it's crucial for maintaining a healthy marriage and protecting your financial well-being. In this situation, the caller is being given money, but in some families, it's about knowing when and how to say no to money requests, rather than offers. So, how do you do it? According to Headspace, the first step is identifying what you're comfortable with. In the caller's case, it meant declining a well-meaning but complicated gift. It's okay to say, 'Thank you, but we've decided not to accept monetary gifts right now.' For you, it might mean saying, "No, I cannot loan/give you money." When it comes to giving money, don't lend more than you're willing or able to part with comfortably. And be clear about expectations. Here are a few tips for drawing clear lines: Be direct but kind: A firm 'no thank you' can be more respectful than a reluctant 'yes.' Don't overly explain your reasoning: This can give family the idea that if they can overcome those reasons, you'll change your mind. 'No' is a complete sentence. Use 'we' language: If you're in a partnership, presenting a united front helps reduce outside influence. Acknowledge good intentions: Let family know you appreciate their generosity and/or trust in the offer or ask, even if you ultimately decline it. Set and repeat boundaries as needed: One conversation might not be enough, especially if your family is used to being involved in your decisions. Remember you're not responsible for others' feelings — or financial health: You can't control what other people do and you aren't responsible for how they feel. Setting boundaries isn't about being cold or ungrateful; it's about clearly defining what you will and won't accept in your life. When it comes to money and family, those lines can easily get blurred. However, by establishing firm, respectful limits, you can protect your peace, values and relationships. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Solve the daily Crossword
Yahoo
an hour ago
- Yahoo
Billionaire Bill Ackman just bought this world-class growth stock for his FTSE 100 fund
Billionaire Bill Ackman, who manages FTSE 100 investment trust Pershing Square Holdings, is one of the biggest names in the investment world. So I always keep an eye on his trades. Last week, Ackman's firm, Pershing Square Capital, filed its Form 13F with US regulators, providing insight into the shares the investment guru bought and sold in the second quarter of 2025. And it turns out that he's just bought one of my favourite growth stocks. One of my largest holdings The stock I'm referring to is Amazon (NASDAQ: AMZN). The e-commerce and cloud computing powerhouse is one of the largest positions in my portfolio today. For Ackman, it's now quite a sizeable position too. According to his 13F filing, he owned around $1.3bn worth of Amazon stock at the end of the second quarter (5,823,316 shares). That represented roughly 8.88% of his US stock holdings. So he's clearly bullish on the technology company. It's worth pointing out that Ackman may have paid a much lower price than the current $230. Because this stock took a big hit in the tariff meltdown in April. At one stage, it was trading below $170. I believe that's when Ackman began acquiring the stock. Still, I'm encouraged by his buying activity here because Ackman – who does his research and generally holds on to stocks for the long term – has a great track record. Worth a look today? Is Amazon stock worth considering at $230 today? I think so. There is some uncertainty on the e-commerce side of the business in the short term due to tariffs. These could result in higher prices and lower levels of consumer spending. However, taking a long-term view, this company just has so much potential, in my view. Today, Amazon's the largest player globally in the cloud computing market. And this industry is forecast to grow by around 15-20% a year between now and 2030. Linked to cloud computing is artificial intelligence (AI) – another huge growth industry. In the years ahead, Amazon's hoping to become a one-stop shop for AI solutions in the same way it has become a one-stop shop for online shopping. It's also a major player in digital advertising. This is a lucrative industry and Amazon's now the third largest player behind Google and Meta. Add in other growth avenues such as space broadband (Project Kuiper), self-driving cars (Zoox), robotics, and digital healthcare and the future looks very bright. I'd be very surprised if its market-cap isn't significantly bigger in five years' time. Of course, I'm not expecting the share price to rise in a straight line. It will be volatile at times, and there may be better buying opportunities in the months ahead. But at current levels, I still like it. The stock's in an uptrend and the valuation remains near historical lows. The post Billionaire Bill Ackman just bought this world-class growth stock for his FTSE 100 fund appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Edward Sheldon has positions in Amazon. The Motley Fool UK has recommended Amazon and Meta Platforms. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Sign in to access your portfolio

Yahoo
2 hours ago
- Yahoo
Bernstein breaks down the battle for e-grocery delivery
-- Bernstein says the race for dominance in U.S. same-day grocery delivery is intensifying, with Amazon's expanded perishable offering adding pressure to an already competitive market. In a recent report the brokerage said Walmart's scale and store footprint give it a structural advantage, allowing it to reach 93% of the U.S. population within three hours. While Walmart's same-day operation is costlier than third-party (3P) platforms because it uses its own staff for in-store fulfillment, Bernstein estimated that only about 20% of that labor cost is incremental, putting its effective fulfillment and delivery cost at $13–$19 per $75 order, still high, but closer to 3P operators such as Instacart, DoorDash and Uber Eats. The brokerage noted that Walmart is likely to use same-day delivery as a loss leader to drive Walmart+ memberships and boost its retail media business, which it projects could become a $10 billion U.S. operation by 2030. Amazon, meanwhile, is cutting its free delivery threshold for Prime members to $25, adding perishables but keeping the service separate from Whole Foods and Fresh, which Bernstein said could create some consumer confusion. Instacart, DoorDash and Uber are leaning on their 3P models to offer broad retailer selection, fast delivery, with Instacart reporting that 80% of its orders are on-demand, and growing subscription benefits. Bernstein estimated Instacart's base shopper earnings at about $9 per order before tips, making it more cost-efficient than Walmart on a pure labor basis. However, 3P platforms face challenges such as product mark-ups and imperfect inventory visibility. Bernstein rates Walmart, Amazon, Instacart, DoorDash and Uber all 'outperform,' citing room for online grocery penetration to grow and opportunities for retail media to support profitability across both integrated and 3P delivery models. Related articles Bernstein breaks down the battle for e-grocery delivery Risks Rising? Smart Money Dodged 46%+ Drawdowns on These High-Flying Names After soaring 149%, this stock is back in our AI's favor - & already +25% in July