Amazon's Planning To Launch Satellites Into Orbit
Amazon plans to launch 3,236 satellites into orbit to expand internet access through its Project Kuiper.
It's another step in what's becoming a new space race.
UBS analyst Carl Berrisford says the value of the "space economy" will nearly triple to $1 trillion in 20 years, and he sees high speed broadband satellites as the biggest single opportunity in that sector.
Amazon, SpaceX and several other companies are preparing big bets on networks of broadband satellites.