17 billion dollars poured into space start ups just last year alone. Amazon is putting in something like ten mbillion dollars. The key trade off here is these higher older satellite networks, you had fewer of them, but the speeds were slower. And now kiper will try to get and then with these low earth orbit satellites, data speeds could be considerably faster.
Felix, Mihir and guest host Stephanie Mehta discuss the recent spate of companies going public without profits and what Amazon’s moves into space mean for their competitors and consumers.