Everyone now a days knows about Elon Musk’s ambition to provide the internet service around the world bt satellites. SpaceX is also ambitious and optimistic with Elon as well. They are going to launch 60 small satellites into the lower-earth orbit on Wednesday. Their plan to beam the internet from the space and these are also for raising a fund for their upcoming grander interplanetary projects.
The billionaire and entrepreneur did laud the “fundamental goodness” of his mission to connect the whole world with internet in a call with a reporter. But he somehow showed his fear of being unsuccessful.
Musk expects the the total revenue launch services will hold to top around $3 billion each year. His vision to make Starlink the key to generate cash for SpaceX and his dream, to develop the crafts capable of flying paying coustomers to the moon and eventually colonize Mars.
Musk said, “We think this is a key stepping stone on the way towards establishing a self-sustaining city on Mars and the base on the moon”
The technology is also pretty awesome. The satellites will orbit closer to Earth than traditional communication satellites. A radical shift made possible by leaps in laser technology and compute chips.
Though Musk has stiff competition, he is very much optimistic about his mission. According to Musk, Spacex has much “sufficient capital” to make Starlink operational but would potentially need to raise money. This will be if things go wrong with the multibillon dollar endeavour. He called this, “one of the hardest engineering projects I’ve ever done.”
Source – moneycontrol