Austin, Texas (CNN Business) SpaceX and Amazon (AMZN) — companies run by the two richest men in the world — are sparring over their competing satellite-based internet businesses, with SpaceX accusing Amazon of "stifling competition" and Amazon accusing SpaceX of looking to "smother competition in the cradle." Elon Musk, the CEO of SpaceX, has an estimated net worth of $209 billion. Jeff Bezos, the CEO of Amazon, has an estimated net worth of $192 billion. That proposed change could put Starlink satellites in the way of another constellation, called Project Kuiper, that's been proposed by Amazon. The company argued in its objection that Starlink satellites at that altitude could cause more signal interferences with Project Kuiper satellites and other nearby satellite networks.

Source: CNN January 26, 2021 23:03 UTC