🚀 A New Kind of Space Race

This space race isn't between countries. Rather, tech giants are competing to launch internet from space.‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

SPONSORED "Not the Deal Americans Were Promised!" Congress Passes Law That Could Reduce Retirement Accounts. Details Here. Editor's Note: Matthew Carr, The Oxford Club's most record-setting strategist, is giving away his No. 1 pick, Square (NYSE: SQ). And here is why you CANNOT miss his urgent video... He also found a special play on Square looking back at the market that produced an exceptional 19,000% gain in 10 months. Matthew says he wants to repeat history and recommend a Square play for huge gains! He has been at the forefront of EVERY major trend in the last 10 years, including cloud technology... pot stocks... and 5G... At the very least, grab a pen and paper and write down what you're about to hear. Otherwise, you could be leaving money on the table. - Kaitlyn Hopkins, Assistant Managing Editor TECH INVESTING The Silicon Valley Space Race Is Heating Up Matthew Carr | Chief Trends Strategist | The Oxford Club In 1957, the Soviet Union launched Sputnik 1. This was the first artificial satellite to orbit Earth. It was monumental and ignited the space race that would shape U.S.-Soviet relations for decades to come. Since then, roughly 9,000 satellites have been catapulted into orbit around the Earth. Of those, 5,000 remain in orbit. But fewer than 2,000 are still operational. The rest are just junk, littering the space around our planet. Now a bevy of new projects - aimed at dethroning the old telecom guard - are in the works. This means the skies are about to be a lot more cluttered. A new space race has been sparked. But this time it's not between countries. It's between Silicon Valley tech giants. And the plans they have are like nothing the world has seen before. Amazon's (Nasdaq: AMZN) Project Kuiper and Tesla's (Nasdaq: TSLA) SpaceX, along with OneWeb and Telesat, plan to launch a combined 46,100 satellites over the next few years! Those four companies alone are on pace to launch more than five times the number of satellites that 40 countries have put into orbit over the last six decades. SpaceX is far and away the biggest contributor. The company's Starlink communications network already has 480 satellites in low Earth orbit. But that's only the beginning... Starlink's whole purpose is to bypass traditional ground-based network carriers like AT&T (NYSE: T) and Verizon (NYSE: VZ). The megaconstellation is already generating 5 trillion bytes of data per day. And these four names are merely the tip of the iceberg. Apple (Nasdaq: AAPL), Facebook (Nasdaq: FB) and a slew of other internet companies are exploring satellite-to-phone communication. Essentially, they're all working on "internet from space" projects to bypass traditional carriers. SPONSORED Did the coronavirus unleash the biggest buying opportunity of all time? Ariel Investments chairman John Rogers calls it "a once-in-a-lifetime opportunity to buy stocks at bargain prices." Investor Bill Miller, who beat the market for 15 straight years at Legg Mason, calls it "an exceptional buying opportunity." And legendary Pershing Square manager Bill Ackman just added $2.6 billion to his preexisting investments. The smart money sees a rebound on the horizon. Here's how you can profit from it...   This has some 5G investors wondering whether the sky is falling. But internet from space isn't a new idea. Companies like Iridium, Globalstar and Teledesic started down this path before the new millennium. They either went belly-up or abandoned the projects due to the capital-intensive nature of the plans. I'm not saying the current team of Silicon Valley powerhouses is doomed to the same fate. It's just worth keeping in mind that all of these are very ambitious projects. And they're all still in their infancy. But in our increasingly connected world - with the demand for faster speeds and seamless communication - this could be the next great internet innovation. The biggest winners in the latest space race will likely be pick-and-shovel plays like Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC). With tens of thousands of satellites required for these projects, investors can't go wrong by playing it safe with some of the largest satellite builders in the world. Here's to high returns, Matthew Leave a Comment MORE FROM PROFIT TRENDS Considering Nikola or Tesla? Buy This EV Company Instead 2020 Market Predictions: Halfway There and Our Revisit Pop-Up EV Chargers Could Be a Game Changer for Cities Facebook Twitter Email Share SPONSORED You Could Get RICH by January 21, 2022... Yes, This Exact Day America's No. 1 expert reveals the opportunity of a lifetime. A small grubstake today... could help secure your future. Even in this post-coronavirus market. 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