California accuses Amazon of price fixing
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Amazon LEO also has plans to offer direct-to-device sat in 2028, thanks to a new acquistion. It's also planning a limited home internet launch this year.
Amazon CEO Andy Jassy says the company’s space-internet service Leo (formerly known as Project Kuiper) will “ launch in mid-2026 .” I’m going to assume that means proper commercial availability since the company already announced the start of an “ enterprise preview ” at the end of 2025, when the service was supposed to originally launch.
With a Price to Earnings ratio of 30.67, which is 0.35x less than the industry average, the stock shows potential for growth at a reasonable price, making it an interesting consideration for market participants. The elevated Price to Book ratio of 6.28 ...