Amazon under lawsuit for alleged lack of diligence in awarding Project Kuiper launch contracts

  • Amazon shareholders filed a lawsuit accusing the company of hastily approving contracts for Project Kuiper, particularly to Jeff Bezos’ Blue Origin, without due consideration.
  • The plaintiffs were surprised that prominent launch company SpaceX wasn’t considered for the launch contracts.
  • Amazon has yet spent about $1.7 billion on launch contracts with nearly 34% of it going to Blue Origin.
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