
In September 2021, Rwanda announced that it was planning to launch over 300,000 satellites. Three months later, a Canadian company, having previously launched two dozen CubeSats, said it would launch an additional 100,000. Then, a French company did likewise. And SpaceX, which has already launched around 5,000 satellites, now has plans for over 60,000 more.
There are currently only about 8,000 active satellites in orbit. What’s going on?