Home / Technology / Amazon’s bet on satellites is expensive. Why it just might work

Amazon’s bet on satellites is expensive. Why it just might work

Leo has the potential to “be a huge business out of nowhere,” Jim Cramer said.

Amazon is making a big move to advance its ambitions in outer space — one that is pricey and pits it against a formidable incumbent. It could also end up a huge winner for the e-commerce and cloud giant. The Seattle-based company said this month it p… [10975 chars]

Source: CNBC | Published: 2026-04-27T14:51:32Z

Credit: CNBC

Tagged: