From CNBC: 2024-11-15 13:44:19

SpaceX’s President and COO, Gwynne Shotwell, encourages competition in the space industry, stating it keeps the company focused. SpaceX leads globally with over 100 launches this year and $5 million Starlink customers. Competitors like Rocket Lab are far behind. Starlink is disrupting the satellite internet market, with plans for even more growth.

Shotwell acknowledges the massive satellite broadband market and the need for competition. SpaceX faces rivals like Amazon’s Project Kuiper and AST SpaceMobile. Starship rocket development progresses, aiming to replace Falcon 9 and Dragon capsule. SpaceX targets 400 Starship launches in the next four years, with a planned sixth flight test.



Read more at CNBC: SpaceX President Gwynne Shotwell welcomes competition for Starlink, rockets