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SpaceX’s possible tie-up with O3b founder Greg Wyler for a global, satellite-based Internet service poses a more serious threat to satellite incumbents than would have a Google (GOOGL)-backed project, says Jefferies in a report. SpaceX founder Elon Musk disclosed in a tweet late Monday that his company is “in the early stages of developing advanced micro-satellites operating in large formations.” Musk, also the founder of electric car maker Tesla Scalper1 News
Scalper1 News