Elon musk says his starlink internet service will begin private beta testing in three months.
Elon musk satellite internet 2016.
Spacex s starlink has over 400 satellites in orbit of a planned 40 000.
Since the late 1990s globalstar.
The tesla ceo elon musk is planning to put more than 4 000 satellites in orbit in order to blanket the earth with internet access.
Elon musk says he s planning to take his satellite internet business public in several years once revenue growth is smooth predictable reuters tyler sonnemaker sep 29 2020 07 57 ist.
It is designed to offer high speed internet services to people in rural areas around the world.
The 36 billion company now has over 500 satellites in orbit.
They burn through billions in cash before ambition crashes back down to earth.
But the timeline is still a question.
Every few years someone comes along promising to disrupt the satellite industry.
Musk has been working on the satellite internet project for at least two years and spacex received 1 billion in funding from google and fidelity investments in january 2015 to support satellite.
Elon musk is changing his mind about spinning off spacex s starlink as a separate public company as the satellite based internet project makes rapid progress toward providing global service.
Starlink is the dream of tesla founder elon musk.
Spacex the privateer space company led by musk is requesting.
Ceo elon musk said that there is significant unmet demand for low cost global.
Elon musk on monday hinted at his plans to take spacex s space internet venture starlink public in several years when revenue growth is smooth and predictable as the firm which.