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- 1Amazon Stock Rises as Satellite Service Nears Launch●AMZN Stock Gains On Hitting Satellite Milestone to Launch Starlink Internet Rival This Year
Amazon shares gained after the company hit a key satellite milestone, clearing the way for its broadband constellation to begin launching this year as a rival to SpaceX's Starlink. Investors welcomed the progress on Project Kuiper, which aims to deliver satellite internet service to customers worldwide.