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 successfully launched its first batch of 27 Kuiper internet satellites, marking the beginning of its Project Kuiper aimed at competing with Starlink. The company plans to deploy a total of 1,618 satellites by mid-2026 and has committed up to $10 billion to develop the network, with commercial services expected to begin later this year.