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BTCC / BTCC Square / Global Cryptocurrency /
Amazon’s Kuiper Satellite Launch and Employee Ultimatum Weigh on Shares

Amazon’s Kuiper Satellite Launch and Employee Ultimatum Weigh on Shares

Author:
Global Cryptocurrency
Published:
2025-06-23 18:54:02
19
2
BTCCSquare news:

Amazon's ambitious Project Kuiper faces stiff competition as it deploys a second batch of satellites, bringing its total constellation to 54—a fraction of SpaceX's Starlink network with over 8,000 operational units. The launch, delayed twice by weather and technical issues, underscores the challenges in establishing space-based broadband services.

Meanwhile, internal tensions flare as Amazon issues a relocation ultimatum to employees. The dual developments contributed to marginal share price erosion during Monday's session, reflecting investor skepticism about the company's capital-intensive space venture amid tightening labor markets.

|Square

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