So it's possible that some of these satellites may not work," he said. It's not going to be easy to pull off, though, as Musk acknowledged. But Musk said during a call with reporters on Wednesday that it could net the company perhaps $30 to $50 billion per year. Completing the project may cost $10 billion or more, according to Gwynne Shotwell, the president and chief operating officer of SpaceX. The goal is to finish the project in 2027, thereby blanketing the Earth with high-speed, low-latency, and affordable internet access.Įven partial deployment of Starlink would benefit the financial sector and bring pervasive broadband internet to rural and remote areas. Starlink, once complete, would consist of nearly 12,000 satellites - more than six times the number of all operational spacecraft now in orbit. The delay, it said, is to allow time for a software update and to "triple-check everything." The launch was originally scheduled for Wednesday, but was delayed twice, and is now set to take place in "about a week," SpaceX said. Crammed inside the nosecone will be 60 tabletop-size satellites designed to test an internet network called Starlink. SpaceX plans to launch a Falcon 9 rocket from Cape Canaveral, Florida. SpaceX, the rocket company founded by Elon Musk, is trying to launch an internet revolution. Here's the latest on how the global, space-based internet service might work. Update (January 10, 2020): SpaceX has updated its plans for Starlink. Account icon An icon in the shape of a person's head and shoulders.
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