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The satellite market in low Earth orbit is booming, with Starlink leading the charge. However, high costs and geopolitical tensions make it a tough space for competitors.
- Starlink's constellation exceeds 7,600 satellites, giving it a dominant position in low Earth orbit.
- The satellite market is projected to grow beyond $100 billion by 2035 but faces high entry barriers.
- Geopolitical tensions and limited rural demand further solidify Starlink's monopoly.
📎 Related coverage from: bloomberg.com
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