The purchase followed Musk's complaints about free speech on the platform, and some experts argue that he may push for significant changes in the company's policies.
Musk said explicitly that if indeed the company cannot achieve a "Starship flight rate of once every two weeks”, then there is a real risk of bankruptcy in the near term.
Amazon took issue with the conduct of SpaceX arguing that the space company and other companies led by Elon Musk believe that “rules are for other people.”
The company has already deployed 1,800 satellites all over the world, and once they reach “their operational orbit”, SpaceX will be able to offer continuous global coverage.
After the company caved into the demands of the NSCC and restricted trading on so-called “volatile shares”, the amount was reduced from the initial $3 billion to $700 million.