SpaceX has received more than 500,000 pre-orders for its Starlink satellite Internet service and does not expect technical problems to meet demand, founder Elon Musk said on Tuesday.
“The only limitation is the high density of consumers in urban areas,”
“Another challenge when we reach the reach of several million users,” Musk said.
SpaceX has not set a launch date for the Starlink service, but the commercial service is unlikely to be available in 2020, as previously planned.
The company plans to eventually deploy a total of 12,000 satellites and said the constellation Starlink would cost about $ 10 billion.
Building and sending rockets into space is a capital-intensive business, but two of the world’s richest people, Amazon founder (AMZN.O) Jeff Bezos and Musk, who is also the head of carmaker Tesla Inc (TSLA.O), have has invested billions of dollars over the years to penetrate this market.
Musk and Bezos have made a public debate over competing satellite plans.
The US Federal Communications Commission (FCC) last month approved SpaceX’s plan to deploy some of Starlink’s satellites lower than planned, but included a number of conditions to ensure the plan’s safety. Read more
SpaceX has agreed to assume that their satellites may encounter interference from satellites located within Amazon’s Kuiper Systems satellite project. Read more
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