Clash of the titans in space: the bid between Musk and Bezos, the richest men in the world, is now for satellite jobs

Elon Musk and Jeff Bezos, the world’s two richest men, are engaged in a dispute with US regulators over space real estate for their satellite fleets.

SpaceX,van Musk, requested permission from the Federal Communications Commission (FCC) to run its Starlink communications satellites in a lower orbit than initially plannedBloomberg news agency said.

For his part, Amazon.com Inc., the Jeff Bezos, He said this measure could cause interference and put his Kuiper satellites at risk for collisions, which, like Musk’s Starlinks, are designed to transmit Internet services from space.

The dispute, which would normally be limited to registration files, spread to the public eye as a conflict between two great personalities as billionaires chase their dreams in heaven. Musk is also comfortable in his brand new role as a global financial super influence.

Musk’s Space Exploration Technologies Corp. launched more than 1,000 satellites for its Starlink internet service and registers customers in the US, UK and Canada. Last year, Amazon received approval from the FCC for a fleet of 3,236 satellites, but it has yet to be launched.

“The changes proposed by SpaceX would paralyze competition between satellite systems,” Amazon tweeted Tuesday from its official news account. “Clearly, SpaceX is trying to stifle competition, but it certainly wouldn’t be in the public interest,” he said.

The statement came in response to a tweet from Musk, the world’s richest person, according to data collected by Bloomberg.

“There is no point for the public to stop Starlink today for an Amazon satellite system that is, at best, several years away from going liveMusk said in response to coverage on the CNBC portal.

Musk’s Space Exploration Technologies Corp. launched more than 1,000 satellites for its Starlink internet service and registers customers in the US, UK and Canada. Last year, Amazon received approval from the FCC for a fleet of 3,236 satellites, but it has yet to be launched.

Amazon previously urged the FCC to reject SpaceX’s request to put its satellites into lower orbits. He said the change would place the SpaceX satellites at the center of the Kuiper system’s orbits, according to the agency’s documents.

Meanwhile, SpaceX rejected the appeal to the FCC, saying its plans would not interfere with what it called Amazon’s “still-under development” plans.

It should be remembered that Elon Musk is now the richest person in the world. The 4.8% rise in the electric carmaker’s stock price boosted Musk on Jan. 7 to surpass Amazon.com Inc. founder Jeff Bezos, on the Bloomberg Billionaires Index, a list of the 500 richest people in the world.

As CEO of Space Exploration Technologies Corp., or SpaceX, Musk is also a rival to Bezos, owner of Blue Origin LLC, in the private space race.

The milestone marks an extraordinary year for Musk. In 2020, its net worth skyrocketed by more than $ 150 billion in what may be the fastest wealth-building period in history. What fueled the rise was an unprecedented rise in Tesla’s stock price, which rose 743% last year thanks to stable earnings, inclusion in the S&P 500 Index, and enthusiasm from Wall Street and investors.

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