Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain. SpaceX aims to offer broadband to as much as 5% of the world’s population where conventional fiber and wireless networks can’t reach. — Reuters
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 US$5bil (RM20.75bil) and US$10bil (RM41.50bil) before cash flow is positive, he said.
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