Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Nasdaq 🔔 » Amazon could be your next internet provider🌐

Amazon could be your next internet provider🌐

by Shams Abbas
May 2, 2022

The Clap

Amazon is gearing up to compete with Elon Musk’s SpaceX in delivering internet from space.

Backstory

Amazon first announced its ambitions back in 2019. The project only started gaining momentum last month, when Amazon signed a multi-billion dollar partnership with three companies, including its ex-CEO Jeff Bezos’ Blue Origin.

The deets

Amazon plans to launch Project Kuiper, a group of 3,236 small satellites. For reference, Musk’s SpaceX currently has around 2,000 satellites, which serve around 250k subscribers. SpaceX is allowed up to 12k satellites.

Why this matters

The satellite communications market is valued at tens of billions of dollars. Currently, around 37% of the world’s population has never used the internet, mostly coming from developing countries.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Claps, Tech, Apple
Tech 📲

Apple failed to live up to the hype in Q4 📱 

by Omar El Shorafa
February 3, 2023
Amazon, Revenue, Claps
Tech 📲

Amazon sets modest forecast ☁️

by Omar El Shorafa
February 3, 2023
Claps, Tech, NASDAQ
Tech 📲

Meta reports strong Q4 earnings 📱

by Omar El Shorafa
February 2, 2023
Claps, Tech
Tech 📲

Snap’s stock fumbles after lackluster Q4 📱

by Omar El Shorafa
February 1, 2023
Claps, IPO Watch, Tech
IPO Watch 👀

Stripe to decide on IPO 💻

by Omar El Shorafa
January 31, 2023
Intel, Chips, NASDAQ
Tech 📲

An underwhelming quarter from Intel 📉

by Omar El Shorafa
January 27, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)