Microsoft is collaborating with Elon Musk’s SpaceX in cloud computing for space users
Satellite fleets surrounding the Planet at higher altitudes. The initiative, which targets on commercial and government space companies, was unveiled on Tuesday, three months after Amazon Web Services revealed its space plans. Microsoft will also partner with Luxembourg’s SES SA SESG, +0.12 per cent, which runs a network of larger satellites under the O3b name. Microsoft is “fundamentally focused on government and defence,” said Tom Keane, executive vice president of WSJ. The space effort, he added, offers an incentive to “bring commercial technologies and creativity to the military.” Microsoft shares were up 1.2 percent pre-market and were up 36 percent in the year to date, while the Dow Jones Industrial Average DJIA,-0.34 percent, lost 1.2 percent.