Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Aïda Amer/Axios

Jeff Bezos and Elon Musk's space age rivalry may not play out as a war of the rockets, but as a war for your internet.

Why it matters: The two billionaire founders of Amazon and SpaceX plan to blanket low-Earth orbit with thousands of satellites that will beam broadband internet to the planet, potentially transforming how the developing world in particular accesses the web.

Where it stands: Both Bezos' Blue Origin rocket company and Musk's SpaceX have been working in parallel with one another for years to get their rockets flying to space, but with their internet ambitions, Musk and Bezos are now on a collision course.

  • SpaceX's Starlink has already received FCC approval for a planned constellation of more than 7,000 satellites.
  • The company launched two Starlink satellites in 2018 as part of a proof-of-concept test.
  • Amazon's Project Kuiper hopes to fly 3,236 satellites to orbit, but has yet to file for FCC approval.
  • "This is a long-term project that envisions serving tens of millions of people who lack basic access to broadband internet," an Amazon spokesperson tells Axios in an email.

The big picture: Amazon and SpaceX both have good reasons for getting into the satellite internet game.

  • Amazon's e-commerce and web services businesses would benefit from having billions more people using high-speed internet.
  • SpaceX's business could gain a new revenue stream in addition to rocket launches.
  • Blue Origin's launch business is also likely to benefit from Amazon's Project Kuiper, though an Amazon spokesperson said that the company is looking at "all options" for launching their satellites.
  • It will likely take dozens of launches to get these satellite constellations up and running, with many more over the years to keep them functioning.

Meanwhile: Amazon and SpaceX aren't the only contenders in this space. OneWeb envisionsglobal satellite-based broadband and has already launched 6 satellites to orbit. The company recently raised $1.25 billion in funding and plans to have its constellation in place by 2021.

  • Communications companies Viasat and Telesat also have plans to launch satellite constellations.

But, but, but: Satellite operators will need to coordinate their constellations and avoid other satellites and bits of space junk that could put their networks at risk. They'll also need to avoid adding to the space junk problem themselves.

The FCC is developing rules for when spacecraft should be deorbited from these fleets.

  • Depending on what the commission decides, some companies may need to redesign elements of their constellations to fit the new rules.
"[W]e just need to think about how we do this in a sustainable manner."
— Victoria Samson, of the Secure World Foundation

The odds: Satellite broadband constellations aren't a sure bet, business-wise. It's unclear at what price point a satellite-based internet service will be competitive with terrestrial alternatives — like 5G networks. It would have to offset the cost of developing, launching and maintaining a constellation of satellites and providing the service to remote areas.

The bottom line: While Musk and Bezos clearly believe in the promise of these satellite constellations, they still have a long way to go — both technically and financially.

Go deeper

19 mins ago - Politics & Policy

Beto not even best Dem against Abbott

Beto O'Rourke speaks at a rally at the Texas State Capitol in June. Photo: Sergio Flores/Getty Images

Actor Matthew McConaughey’s nine-point lead in a theoretical matchup against Greg Abbott shows just how vulnerable the hard-right Texas governor could be in a general election.

Why it matters: Abbott has won conservative accolades for his abortion, mask and vaccine bans. Axios reported Sunday that former Rep. Beto O’Rourke is preparing to announce a gubernatorial challenge — but a recent poll shows he’s not even the most popular Democrat in the state.

19 mins ago - Politics & Policy

Delayed maps upend midterm campaigns

Illustration: Shoshana Gordon/Axios

Midterm candidates are panicking about how the congressional maps will ultimately be drawn, with several strategists telling Axios campaigns are in limbo.

Why it matters: Candidates are unsure if the district they're targeting will remain intact or be reshaped by the process. The uncertainty is especially vexing to Democrats, who are vying to maintain their narrow margin in the House.

First look: Conservatives' 2022 big target: Tax increases

Illustration: Aïda Amer/Axios

Conservative groups are unveiling huge ad-buys going after vulnerable House Democrats over tax increases and other revenue measures in their party's massive infrastructure spending bill, Axios has learned.

Why it matters: President Biden and Democrats have an immense amount of political capital riding on a $3.5 trillion bill facing razor-thin margins in both chambers. Conservatives are running ads targeting the House members who leaders will need to pass the measure.