As we enter the 2020s, space and internet technologies are converging. We find ourselves at the dawn of a space internet race. Technology giants like SpaceX, Softbank, Amazon, Google, Virgin, and Facebook could spend tens of billions of dollars to launch, operate, and replace thousands of satellites in Low Earth Orbit (LEO).
Over the next decade, the number of operational satellites in orbit could increase ten-fold, from about 2,000 to 20,000.
For the tech titans betting on space-based internet, there must be an expectation of significant reward to offset the potential technology, regulatory and investment risks.
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