Amazon Wants to Launch Satellites. Shareholders Launch a Lawsuit.

Amazon (NASDAQ: AMZN) and SpaceX are not friends.

This fact was made painfully obvious back in April 2022, when Amazon, the e-commerce giant founded by Jeff Bezos, signed satellite launch contracts with everyone who is anyone in space -- except with SpaceX.

This includes Blue Origin (the space company founded by Bezos), United Launch Alliance ("ULA," the joint venture between Boeing and Lockheed Martin), Arianespace (the subsidiary), and even the tiny space start-up ABL Space Systems (which had not then, and still has not today, ever flown a rocket to space).

Source Fool.com