Core Insights - The successful launch of Europe's Ariane 6 rocket, which deployed 32 Amazon Leo satellites, marks a significant step in Amazon's competition with SpaceX's Starlink [1][2][3] Group 1: Launch Details - The Ariane 6 rocket, launched by the European Space Agency from French Guiana, successfully carried 32 satellites for Amazon's low-Earth orbit internet constellation [2] - This mission was the debut of the Ariane 64 configuration, which can carry over 20 tons into low-Earth orbit, approximately double the capacity of the smaller Ariane 62 [3] - The launch is part of a series of 18 missions booked on Ariane 6 to support Amazon's planned network of over 3,200 satellites [3] Group 2: Amazon's Satellite Initiative - Amazon's low-Earth orbit (LEO) satellite project, previously known as Project Kuiper, aims to provide high-speed, low-latency broadband and has a budget of at least $10 billion [5] - The company has requested an extension from the FCC to July 2028 for the deployment of roughly half of its planned satellite constellation by 2026 [5] Group 3: Market Reaction - Following the launch, Amazon's stock experienced a decline of 2.25% on Thursday and an additional 0.63% in after-hours trading, indicating weak trends across various timeframes [6]