• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Techspace

Days after announcing a deal with SpaceX, Amazon seeks to dismiss lawsuit claiming it snubbed the Elon Musk space company last year

Steve Mollman
By
Steve Mollman
Steve Mollman
Contributors Editor
Down Arrow Button Icon
Steve Mollman
By
Steve Mollman
Steve Mollman
Contributors Editor
Down Arrow Button Icon
December 14, 2023, 4:09 PM ET
SpaceX CEO Elon Musk and Amazon founder Jeff Bezos have a long-running space rivalry.
SpaceX CEO Elon Musk and Amazon founder Jeff Bezos have a long-running space rivalry. From left: Leon Neal—Getty Images; Alex Wong—Getty Images
Add Fortune on Google for similar content.

With space launches, timing matters. Elon Musk’s SpaceX routinely delays rocket launches when adverse weather develops, for example, and the optimal time for a trip to Mars is when the Red Planet is closest to Earth, or about every two years.

Recommended Video

In other notable timing in the space business, Amazon on Monday sought the dismissal of an investor lawsuit involving the launch of internet satellites for its Project Kuiper, which will compete with SpaceX’s Starlink in providing broadband connections globally, including in remote areas. Amazon sought the dismissal just 10 days after announcing a deal for SpaceX to carry some of its satellites.

Last year, Amazon announced agreements for up to 83 launches to carry its Kuiper satellites. Notably, not one of them involved SpaceX, despite it being a clear leader in the field. Instead, the contracts all went to Blue Origin, Europe’s Arianespace, and United Launch Alliance, a joint venture of Boeing and Lockheed Martin.

The investor lawsuit—filed in Delaware in August by the multiemployer Cleveland Bakers and Teamsters Pension Fund—alleges there was a “glaring conflict of interest” due to Amazon founder Jeff Bezos’s proximity to both Amazon and Blue Origin. The damages requested were unspecified.

‘Bezos’s personal rivalry with Musk’

To understand the conflict-of-interest allegation, it helps to know that Bezos is executive chairman of Amazon—though he retired as CEO in 2021—and is also the primary owner of Blue Origin. The lawsuit alleges that Amazon’s leadership, including current CEO Andy Jassy, “excluded the most obvious and affordable launch provider, SpaceX, from its procurement process because of Bezos’s personal rivalry with Musk.”

It also states: “Amazon’s directors and officers consciously and intentionally breached their most basic fiduciary responsibilities by approving a series of related-party contracts that are due to collectively funnel more than [redacted amount] to a company founded and owned by [Bezos], following no effort to properly discharge their fiduciary duties.”

After investors filed the lawsuit in August, Amazon announced on Dec. 1 that it had signed a contract with SpaceX for three launches of Project Kuiper satellites. That was notable both in light of the lawsuit and because Amazon would be paying SpaceX to send up satellites to compete against it. 

In its announcement, Amazon put the SpaceX deal in context, writing:

“Our earlier procurement of 77 heavy-lift rockets from Arianespace, Blue Origin, and United Launch Alliance (ULA) provides enough capacity to launch the majority of our satellite constellation, and the additional launches with SpaceX offer even more capacity to support our deployment schedule.”

While the deal with SpaceX would seem to ding the investor lawsuit—Amazon ultimately procured business with Musk’s space company, after all—Amazon denied that it was done in response to the litigation.

“The claims in the shareholder lawsuit had no impact on our procurement plans for Project Kuiper, including our recently disclosed launch agreement with SpaceX,” an Amazon spokesperson told Fortune. “The claims in that suit are completely without merit, and we look forward to showing that through the legal process.”

It’s also worth noting that launch procurement discussions can unfold over many months or years.

‘You have been judged’

But the timing of the SpaceX deal just a few months after the lawsuit is striking, and there’s no denying that Musk and Bezos have been trading barbs in the space business for years.  

When Blue Origin lost a legal fight against NASA in 2021 over the space agency giving a multibillion-dollar moon lander contract to SpaceX, for example, Musk rubbed it in by tweeting, “You have been judged,” along with a photo from the dystopian sci-fi flick Judge Dredd. 

However the lawsuit shakes out, Starlink and Kuiper will compete for customers in the future. For now, SpaceX has a big head start. Amazon plans to launch over 3,000 satellites into low earth orbit. SpaceX has more than 5,000 in operation already, and its broadband service is becoming increasingly available—the popular retailer Costco recently began selling its receivers, for instance.

Amazon is making notable progress, but has a long way to go. After launching two prototype satellites in October, it announced this week that it had successfully used lasers to beam data between them, noting that eventually all its satellites will use the technology to create mesh network connectivity, allowing for greater reliability and faster internet speeds. 

But here, too, Musk is well ahead of Bezos and company. He explained the advantages of such lasers in a July 2021 Twitter post, and his Starlink service announced in late September that it now has “more than 8,000 space lasers across the constellation.”

About the Author
Steve Mollman
By Steve MollmanContributors Editor
LinkedIn iconTwitter icon

Steve Mollman is a contributors editor at Fortune.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Getting past the pilot: Why so many AI test projects have trouble scaling
SuccessBrainstorm Tech
Getting past the pilot: Why so many AI test projects have trouble scaling
By Alexei OreskovicJune 24, 2026
6 hours ago
‘Godmother of AI’ and tech entrepreneurs draw investors by pivoting from chatbots to ‘world models’ saying AI has to read the room, not just books
AIRobots
‘Godmother of AI’ and tech entrepreneurs draw investors by pivoting from chatbots to ‘world models’ saying AI has to read the room, not just books
By The Associated PressJune 24, 2026
8 hours ago
‘We are in agony’: Today Show host Savannah Guthrie begs public for help as reports surface her missing 84-year-old mom might be dead
North AmericaMedia
‘We are in agony’: Today Show host Savannah Guthrie begs public for help as reports surface her missing 84-year-old mom might be dead
By The Associated PressJune 24, 2026
8 hours ago
Asia’s defense boom is rewiring the global arms supply chain
Commentaryarms, weapons, and defense
Asia’s defense boom is rewiring the global arms supply chain
By Chris OberoiJune 24, 2026
8 hours ago
Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.
RetailSpaceX
Elon Musk was the world’s first trillionaire for 12 days
By Eva RoytburgJune 24, 2026
9 hours ago
President Donald Trump pictured in September 2025 signing an executive order that overhauled the H-1B visa program.
EconomyImmigration
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
11 hours ago

Most Popular

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
22 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
22 hours ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
14 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
16 hours ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.