Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
What Fundrise’s Innovation Fund NYSE Listing Means for Investors

What Fundrise’s Innovation Fund NYSE Listing Means for Investors

February 4, 2026
Why so many companies are rethinking performance reviews

Why so many companies are rethinking performance reviews

February 4, 2026
Worried about AI taking jobs? Ex-Microsoft exec tells parents what kind of education matters most for their kids.

Worried about AI taking jobs? Ex-Microsoft exec tells parents what kind of education matters most for their kids.

February 4, 2026
3 luxury watch brands gaining ground on the pre-owned market — that aren’t a Rolex

3 luxury watch brands gaining ground on the pre-owned market — that aren’t a Rolex

February 4, 2026
Ex-Sequoia investor Jeff Wang’s new hedge fund had Morgan Stanley’s Breakers conference abuzz

Ex-Sequoia investor Jeff Wang’s new hedge fund had Morgan Stanley’s Breakers conference abuzz

February 4, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
February 4, 2026 7:53 am EST
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
Fin Street NewsFin Street News
Home » Jeff Bezos Lays Out Satellite Plan to Challenge Elon Musk’s SpaceX
Jeff Bezos Lays Out Satellite Plan to Challenge Elon Musk’s SpaceX
Finance

Jeff Bezos Lays Out Satellite Plan to Challenge Elon Musk’s SpaceX

News RoomBy News RoomJanuary 22, 20262 ViewsNo Comments

Jeff Bezos has unveiled his plans for a massive satellite network, mounting a direct challenge to Elon Musk’s grip on internet infrastructure in orbit.

The project, called TeraWave, would deploy 5,408 satellites into orbit to serve data centers, governments, and businesses worldwide, Bezos’s space venture, Blue Origin, said in a statement on Wednesday.

Launches are expected to begin in the fourth quarter of 2027.

TeraWave is designed to deliver “data speeds of up to 6 terabits per second anywhere on Earth,” enabled by advanced optical communications between satellites, the company said.

The network is “optimized for enterprise, data center, and government customers” and would serve up to 100,000 customers, it added.

Every time Lee Chong Ming publishes a story, you’ll get an alert straight to your inbox!

Stay connected to Lee Chong Ming and get more of their work as it publishes.

The announcement comes after Bezos’ other company, Amazon, rebranded its consumer satellite network Leo in November. Formerly known as Project Kuiper, the initial constellation design includes more than 3,000 low-Earth-orbit satellites providing standard broadband service.

The launch of TeraWave raises the stakes in a billionaire-led fight over space-based internet infrastructure. Starlink, led by Elon Musk, dominates the field with roughly 10,000 satellites in orbit. The subsidiary project of SpaceX targets consumers, businesses, and governments, and serves more than 6 million users globally.

In a reply to an X user on Monday, Musk said “Starlink space to ground laser links will exceed this,” referring to the data speeds touted by TeraWave.

SpaceX has also begun laying the regulatory groundwork to scale its satellite operations. In a January filing with the US Federal Communications Commission, the company said satellite systems should be treated as essential infrastructure for future wireless networks as the US seeks to maintain leadership in next-generation space-based services.

Data centers in space

Beyond internet access, the satellite race is increasingly tied to the future of computing, as tech leaders point to satellite networks as potential infrastructure for future data centers in space.

Responding on X to an article about building data centers in space, Musk said in October that “simply scaling up Starlink V3 satellites, which have high speed laser links would work.”

“SpaceX will be doing this,” he added.

Musk has also discussed the idea internally. During an xAI all-hands meeting in December, he said he sees data centers eventually moving off Earth, raising the possibility of space-based facilities that could be operated by Tesla Optimus robots, people with knowledge of the meeting told Business Insider.

Jeff Bezos has voiced a similar long-term view, predicting that data centers could shift to space within the next 10 to 20 years.

Google CEO Sundar Pichai said in November that the concept may sound “crazy,” but “when you truly step back and envision the amount of compute we’re going to need, it starts making sense and it’s a matter of time.”



Read the full article here

Bezos challenge Elon Jeff lays Musks plan satellite SpaceX
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Why so many companies are rethinking performance reviews

Why so many companies are rethinking performance reviews

3 luxury watch brands gaining ground on the pre-owned market — that aren’t a Rolex

3 luxury watch brands gaining ground on the pre-owned market — that aren’t a Rolex

Microsoft’s new commercial CEO is making changes to his top ranks, internal memo shows

Microsoft’s new commercial CEO is making changes to his top ranks, internal memo shows

Darden Restaurants is shutting down the remaining 28 Bahama Breeze locations. Here’s the full list.

Darden Restaurants is shutting down the remaining 28 Bahama Breeze locations. Here’s the full list.

A recurring character in the Epstein files: Snow White

A recurring character in the Epstein files: Snow White

Have we seen the last of the name Jeffrey?

Have we seen the last of the name Jeffrey?

Ken Griffin says CEOs ‘fear’ public debates — and resent having to ‘suck up’ to White House to succeed

Ken Griffin says CEOs ‘fear’ public debates — and resent having to ‘suck up’ to White House to succeed

Disney’s new CEO has a winning combination: a friendly face and an eye for profit

Disney’s new CEO has a winning combination: a friendly face and an eye for profit

I started a list of Black-owned businesses in Maine 6 years ago. I took it down when ICE showed up.

I started a list of Black-owned businesses in Maine 6 years ago. I took it down when ICE showed up.

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Why so many companies are rethinking performance reviews

Why so many companies are rethinking performance reviews

February 4, 2026
Worried about AI taking jobs? Ex-Microsoft exec tells parents what kind of education matters most for their kids.

Worried about AI taking jobs? Ex-Microsoft exec tells parents what kind of education matters most for their kids.

February 4, 2026
3 luxury watch brands gaining ground on the pre-owned market — that aren’t a Rolex

3 luxury watch brands gaining ground on the pre-owned market — that aren’t a Rolex

February 4, 2026
Ex-Sequoia investor Jeff Wang’s new hedge fund had Morgan Stanley’s Breakers conference abuzz

Ex-Sequoia investor Jeff Wang’s new hedge fund had Morgan Stanley’s Breakers conference abuzz

February 4, 2026
Microsoft’s new commercial CEO is making changes to his top ranks, internal memo shows

Microsoft’s new commercial CEO is making changes to his top ranks, internal memo shows

February 4, 2026

Latest News

Nvidia is clamping down on certain ‘T5T’ emails that once circulated widely inside the company

Nvidia is clamping down on certain ‘T5T’ emails that once circulated widely inside the company

February 4, 2026
Sam Altman says he can’t wait to get Elon Musk under oath

Sam Altman says he can’t wait to get Elon Musk under oath

February 4, 2026
Jensen Huang says Nvidia would love to back an OpenAI IPO, and there’s ‘no drama’ with Sam Altman

Jensen Huang says Nvidia would love to back an OpenAI IPO, and there’s ‘no drama’ with Sam Altman

February 4, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.