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Amazon wants to be a satellite powerhouse. For now, the effort is a financial black hole.

February 12, 2026 at 12:00 PM
By MarketWatch
Amazon wants to be a satellite powerhouse. For now, the effort is a financial black hole.

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As Amazon prepares to launch 32 satellites into orbit on Thursday, investors have been surprised by how much the company is spending on its Leo business.

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As Amazon prepares to launch 32 satellites into orbit on Thursday, investors have been surprised by how much the company is spending on its Leo business. Amazon wants to be a satellite powerhouse. For now, the effort is a financial black hole.. Stay informed with the latest developments and expert analysis on this important story.

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As Amazon prepares to launch 32 satellites into orbit on Thursday, investors have been surprised by how much the company is spending on its Leo business.

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