COTD = Chart of the Day

If the idea of tech impresarios sending fleets of satellites into space to revolutionize communications by making high-speed connections available just about everywhere sounds familiar, it should. That’s certainly the news of today, with Elon Musk’s Starlink already girdling the globe with more than 4,000 satellites in low-Earth orbit and rivals including Amazon.com Inc.’s 3,236-satellite Project Kuiper—the brainchild of founder Jeff Bezos—not far behind. – Bloomberg