Elon Musk’s Starlink to Deliver Internet Nearly Worldwide Within Weeks
- SpaceX may need to invest $30 billion in Starlink long-term
- Starlink on path to 500,000 users within 12 months, Musk says
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Elon Musk’s satellite network Starlink is on track to beam broadband internet everywhere in the world except the polar regions by August.
Space Exploration Technologies Corp. has launched more than 1,500 satellites so far and has Starlink operations in about a dozen countries, Musk said during a presentation at the Mobile World Congress conference on Tuesday. That’s costing a lot. SpaceX’s total investment in the network will be between $5 billion and $10 billion before cash flow is positive, he said.