Amazon Bets $20 Billion on Space Race

$20 billion.

That’s how much Amazon (NASDAQ: AMZN) is investing to build a satellite network to compete with SpaceX Starlink.

One breakthrough space stock could play a critical role in the initiative.

It’s called Project Kuiper.

Amazon plans to launch 3,232 low Earth orbit satellites.

Together they’ll create a global high-speed internet service for millions of people.

The first two satellites were launched last year.

A license from the FCC requires that Amazon launch at least 50% of its satellites by mid-2026.

It’s estimated that the total cost will be $16.5 – $20 billion.

Amazon will rely on partners to launch these satellites. That includes Elon Musk’s SpaceX… Jeff Bezos’ Blue Origin… and a launch service provided by Lockheed and Boeing.

Amazon may also contract with “the next SpaceX” to quickly launch its satellites.

Amazon is busy playing catchup.

SpaceX already operates Starlink. It’s the dominant satellite internet player with +6,000 satellites and nearly 4 million subscribers.

Amazon could lose their licenses if they don’t launch over 1,600 satellites in the next 1 ½ years.

That’s a huge undertaking. And it’ll require multiple launch partners.

“The next SpaceX” could become a hugely important partner.

That’s why I’m buying Pre-IPO shares right now – for less than $4.00.

My estimates predict 457% profits with a Nasdaq IPO next year.

Now it’s your chance to join me as a founding investor.

Simply click here for urgent details.

Ian Wyatt

P.S. Longer-term gains could be even bigger.

This stock could easily be a 10-bagger once it gets FAA launch approval.