
Amazon founder Jeff Bezos has announced plans to launch more than 5,000 satellites into low Earth orbit as part of plans to build a space internet network to compete with rival billionaire Elon Musk’s Starlink.
The TeraWave network will be operated by Mr Bezos’s rocket company Blue Origin, offering businesses speeds of up to 6 Tbps. This exceeds Starlink’s current residential speeds, though Mr Musk responded to the latest news by claiming that Starlink’s speeds “will exceed this”.