Noah Berger and Hannibal Hanschk via Associated Press
As private space companies have ramped up production and launches in the past several years, they’ve also been unwittingly putting a target on their back. U.S. government agencies are warning the private space sector that they are in the crosshairs of foreign intelligence agencies.
Following back-to-back annual losses, SpaceX has reportedly turned a profit during the first quarter of the year despite an increase in costs as the company continues to spend on its unproven Starship rocket, which has not flown.
- Elon Musk's SpaceX launched its first batch of Starlink satellites several years ago.
- Musk said he plans to eventually create a constellation of up to 42,000 satellites.
- The internet service is ideal for remote sites and played a role in Ukraine's early efforts against Russia.
Video by Michelle Yan Huang,
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SpaceX
Amazon is building a facility in Florida for Project Kuiper, which aims to launch a projected 3,236 satellites into Earth’s low orbit. The company will build the $120 million facility at Space Florida’s Launch and Landing Facility (LLF) at Kennedy Space Center.
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