Amazon Stock Dips Slightly as FCC Approves 4,500 New Satellites
Amazon.com, Inc (AMZN) stock dipped slightly today despite receiving Federal Communications Commission (FCC) approval to launch 4,500 additional low Earth orbit (LEO) satellites for the project’s satellite internet network. The approval brings Amazon’s planned satellite constellation to around 7,700, positioning it to compete more directly with SpaceX’s Starlink network. The firm aims to start providing … Read more



