The e-commerce and tech powerhouse wants to launch a new business -- in space.
$Amazon (AMZN.US)$The company is, of course, most famous for its e-commerce business, though it actually makes far more of its profits from cloud computing. And now, it plans to spend billions of dollars to build another brand new business.In space. Well, on Tuesday morning, Amazon announced plans to kick Project Kuiper into high gear, revealing it had signed contracts with Arianespace (largely owned by Airbus and Safran), United Launch Alliance (a joint venture of$Boeing (BA.US)$Boeing and Lockheed Martin), and Blue Origin (led by Amazon founder Jeff Bezos). Together, the three will provide up to 83 rocket launches that will put Amazon's satellites into orbit. This reminds me of another figure -$Tesla (TSLA.US)$ceo Musk. which one do you prefer? $Virgin Galactic (SPCE.US)$
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Talklili : Space exploration technology is really interesting, looking forward to it, and hopes to drive up the stock price.
FiveHundredCents OP Talklili : How about comparing with SpaceX ?