SpaceX has unveiled a new design for its V3 Starlink satellite, which is expected to deliver gigabit internet speeds. This upgraded satellite features enhanced capabilities and technology to improve performance and connectivity for users around the globe. The advancements aim to expand Starlink's reach and service quality, addressing growing demand for high-speed internet access.

Amazon has partnered with SpaceX to launch its Kuiper satellites, with a recent Falcon 9 rocket successfully deploying 24 satellites into orbit. This collaboration is part of Amazon's ambitious Project Kuiper, which aims to establish a broadband internet service from a constellation of over 3,000 satellites, competing directly with SpaceX's Starlink. To meet regulatory deadlines, Amazon is rapidly increasing its satellite launches, with significant investments expected in the coming years.