Starlink Faces The Amazon Juggernaut: Terminator Judgement Day

The Starlink supporters who discount the emerging competition are quite foolish. The LEO wars are just beginning. The typical Starlink investor fan has a limited understanding of the importance of a strong terrestrial telecom backbone and a huge customer base. Amazon has both. It is the largest cloud provider on the planet and has subsea cable ownership stakes which give it a more resilient and scalable network. Amazon has 310 million residential customers to which it can market satellite services as well as 8 million businesses including a majority of the Fortune 100. Amazon has cash and cash equivalents equal to $58 billion and is net cash flow positive. In contrast, Starlink still depends largely on equity and debt sales to finance its business. Starlink is also probably bleeding cash in many markets. In emerging markets like Hungary it is offering zero install charges on 12 month contracts. In other words, it is losing at least a couple hundred dollars upfront on...