US EditionAmazon CEO Pushes Back: Project Kuiper Will Pay Off
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Amazon CEO Pushes Back: Project Kuiper Will Pay Off
WASHINGTON, July 9, 2025 – Amazon CEO Andy Jassy believes Project Kuiper, the company’s low Earth orbit satellite initiative, will benefit both consumers and Amazon in the long term. In a June 30 interview on CNBC’s “Mad Money” host Jim Cramer pressed Jassy on the future of Amazon’s $10 billion satellite internet program. “I feel like Project Kuiper is a – you lose money, right thing to do.” FROM SPEEDING BEAD SUMMITPanel 1: How Are States Think…
Amazon is advancing its pawns in the space Internet race. With Kuiper the American giant wants to quickly compete with Starlink of SpaceX, which already dominates the market!
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