Elon Musk Thinks 'Rules Are For Others,' Says Amazon, Taking Aim At Tesla, SpaceX

Amazon.com, Inc AMZN on Wednesday alleged that Elon Musk-led SpaceX and Tesla Inc TSLA have made their views plain — “rules are for other people.”

What Happened: Amazon subsidiary Kuiper Systems LLC’s Lead Counsel Andrew Keisner came down heavily on Musk and his companies in a letter to Federal Communications Commission.

“Whether it is launching satellites with unlicensed antennas, launching rockets without approval, building an unapproved launch tower, or re-opening a factory in violation of a shelter-in-place order, the conduct of SpaceX and other Musk-led companies makes their view plain: rules are for other people, and those who insist upon or even simply request compliance are deserving of derision and ad hominem attacks,” wrote Keisner.

See Also: How To Buy Amazon (AMZN) Shares

Keisner alleged that “SpaceX has just one name for any private company that dares point out its flouting of laws and regulations: ‘anticompetitive.’”

Taking a dig at Musk’s rocket company, Keisner wrote, “If the FCC regulated hypocrisy, SpaceX would be keeping the commission very busy.”

Amazon expanded the target beyond SpaceX, saying "other Musk-led companies have applied the rules-are-for-others approach as well." The e-commerce giant noted the electric vehicle maker reopening the Fremont factory in violation of the county's shelter-in-place orders to make its point.

Why It Matters: Last year, Amazon’s Project Kuiper, the company’s initiative to build a low Earth Orbit or LEO  satellite constellation that aims to provide broadband service was granted approval by the FCC.

See Also: Ground Control To Virgin Galactic: Why Shares Are Falling Today

SpaceX provides a similar service in the form of Starlink for which it began taking preorders in February this year.

Musk and Amazon Chair Jeff Bezos are also participating in a billionaire’s space race. Last month, Musk took potshots at Bezos and Amazon.

Earlier he said that Bezos had retired as Amazon CEO to “pursue a full-time job filing lawsuits against SpaceX.”

Price Action: On Wednesday, Amazon shares closed nearly 0.5% higher at $3,525.50 in the regular session and fell almost 0.2% in the after-hours trading. On the same day, Tesla shares closed 0.13% higher at $753.87 in the regular session and declined almost 0.3% in the after-hours trading.

Read Next: Elon Musk Takes Another Jab At Jeff Bezos As Battle Of Billionaires Moves To A New Front

Photo: Courtesy of Nvidia via Flickr

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Posted In: GovernmentNewsRegulationsTop StoriesTechAntitrustbig techbillionairesElon MuskFCCJeff BezosSpaceX
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