From The Hustle
With all the satellites Elon Musk’s SpaceX has launched over the past few months, you’d think the man was building a Death Star.
Thankfully, he’s working on something more lighthearted -- a constellation of internet-beaming Starlink satellites to deliver high-speed internet anywhere on Earth.
… but the program is also viewed as somewhat of a trial run for an eventual Martian wireless network and could be the silver bullet for Musk’s Mars ambitions.
Starlink is expected to cost $10B+ to complete but bring in $30B annually, or 10x the revenue of SpaceX’s rocket division, which it could then fund for trips to Mars.
Not everyone’s happy about that:
Yet Musk hasn’t batted an eye. With the fleet expanding, SpaceX last week asked the FCC for permission to install Starlink terminals on trucks, ships, and planes.
Where there’s opportunity, there’s… Jeff Bezos. Amazon’s $10B Project Kuiper aims to launch 3.2k+ high-speed internet satellites in the coming years.
Another company, UK-based OneWeb, has raised $1.4B and expects its satellites to offer global coverage by mid-2022.
What’s interesting is that “space internet” isn’t new -- satellite providers HughesNet, ViaSat, and Inmarsat were founded in the ’70s and ’80s.
Funny enough, even then we knew that to get internet on Earth, sometimes the best place to go is space.
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