Jeff Bezos’ space company announced a plan to deploy 5,408 satellites in space, jumping into a market dominated by Elon Musk’s SpaceX.

Jeff Bezos' space company Blue Origin on Wednesday announced a plan to deploy 5,408 satellites in space for a communications network that will serve data centers, governments and businesses, jumping into a satellite constellation market dominated by Elon Musk's SpaceX.

SpaceX has the most internet-beaming satellites in its constellation, but the competition is coming, and now Jeff Bezos’ space company, Blue Origin, has announced the TeraWave network. It says TeraWave will offer bandwidth of up to 6Tb available anywhere on Earth,

Blue Origin, the private space company founded by Amazon founder Jeff Bezos, is launching a satellite communication service. This marks a challenge to Elon Musk’s SpaceX, intensifying competition in private space development for communication networks and data center infrastructure.

Blue Origin just announced "TeraWave," a planned satellite megaconstellation designed for customers who need super-high-throughput communication services.

Jeff Bezos’ space company plans to build a satellite network that would compete with SpaceX’s Starlink business—as well as the satellite division Amazon.com has been developing. Bezos’ Blue Origin said Wednesday it aims to start deploying an envisioned 5,

Blue Origin’s TeraWave satellite constellation plans 5,408 satellites to rival Starlink, targeting enterprise data with laser links—see impacts on AMZN, ASTS.