Elon Musk says SpaceX has 'sufficient capital' to operate global internet satellite network

Canada News News

Elon Musk says SpaceX has 'sufficient capital' to operate global internet satellite network
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Elon Musk said SpaceX has enough funding to build and launch enough Starlink satellites to begin using the network.

Starlink is SpaceX's ambitious plan to build an interconnected internet satellite network to beam high speed internet to anywhere on the planet.

Starlink represents the company's ambitious plan to build an interconnected internet satellite network, also known as a "constellation," to beam high speed internet to anywhere on the planet. The full Starlink network would consist of 11,943 satellites flying close to the planet, closer than the International Space Station, in what is known as low Earth orbit.

Musk said SpaceX will need "6 more launches of 60" satellites per launch to get "minor coverage" for the internet network. A dozen launches, or 720 satellites, are needed "for moderate" coverage," he added.Starlink is one of the keysYet it also is an "absolutely insane" project requiring likely billions of dollars of investment to get operational.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk shows SpaceX's first 60 Starlink internet satellites packed for launchElon Musk shows SpaceX's first 60 Starlink internet satellites packed for launchSpaceX CEO Elon Musk shared a first look of his company's internet satellites packed and ready for launch in a few days.
Read more »

Trial date set for Elon Musk's 'pedo guy' tweetTrial date set for Elon Musk's 'pedo guy' tweetA U.S. judge on Friday said Elon Musk must face a defamation lawsuit by a Britis...
Read more »

Elon Musk pokes fun at Jeff Bezos' new moon lander spacecraft with lewd tweetElon Musk pokes fun at Jeff Bezos' new moon lander spacecraft with lewd tweetBezos' space company Blue Origin debuted a moon lander called 'Blue Moon.' Musk tweeted a different name for the spacecraft.
Read more »

Elon Musk hits back against lawsuit by caver he called a 'pedo guy'Elon Musk hits back against lawsuit by caver he called a 'pedo guy'Elon Musk has hit back against a defamation lawsuit by a British caver he called a 'pedo,' or pedophile, during a public feud around last year's dramatic rescue of a trapped youth soccer team in Thailand.
Read more »

Why Elon Musk, MIT and a 16-year-old inventor are going after mind-reading technologyWhy Elon Musk, MIT and a 16-year-old inventor are going after mind-reading technologyHigh school student Alex Pinkerton is working on a device that utilizes graphene to read thoughts and translate them into actions.
Read more »

Uber CEO Dara Khosrowshahi says Elon Musk is wrong on robotaxi timingUber CEO Dara Khosrowshahi says Elon Musk is wrong on robotaxi timingUber CEO Dara Khosrowshahi says Elon Musk's vision is right, but his timing is wrong on driverless transportation.
Read more »

Elon Musk is wrong on robotaxi timing, Uber CEO Dara Khosrowshahi saysElon Musk is wrong on robotaxi timing, Uber CEO Dara Khosrowshahi saysUber CEO Dara Khosrowshahi said he agrees with Elon Musk that the future of mobility is electric, but he doesn't think truly autonomous 'robotaxis' will be on streets by next year.
Read more »

Elon Musk Made Fun Of Jeff Bezos' Moon Plans. He Wasn't The Only OneElon Musk Made Fun Of Jeff Bezos' Moon Plans. He Wasn't The Only OneThe two space billionaires have previously jousted over whose rocket is bigger.
Read more »



Render Time: 2025-03-13 00:11:51