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SpaceX Starlink internet satellites are key to revenue

Elon Musk

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SpaceX CEO Elon Musk explains how the company's Starlink satellite network serves as the company's key money-maker, unlocking his vision of sending astronauts to Mars.

Musk's comments came on a call with media hours before the company's first full launch of Starlink satellites. For the first time, Musk spoke to the network's timeline and gave details about how the company's satellites work. Musk thus confirmed that SpaceX has the capital required to complete the project's first major phase.

Starlink represents the company's ambitious plan to build on an Internet-connected network, so known as "constellation," to beam high-speed internet to anywhere on the planet. The full starlink network would consist of 1

1,943 satellites flying close to the planet, closer to the International Space Station.

"We see this as a way for SpaceX to generate revenue that can be used to develop more and more advanced rockets and spaceships," Musk said.

"We believe we can use the revenue from Starlink to fund Starship," Musk added.

SpaceX has built and launched its Falcons series of rockets more than 70 times. While the rockets rank among the most powerful in the world, Musk's ultimate vision is to send humans to live on Mars – whichever even larger rockets. That's where Starship, the massive rocket SpaceX has started testing over the past few months, comes in.

Starship is a fully reusable launch system that is designed to be 100 people at a time the moon or Mars.

On the call Wednesday, Musk clarified that SpaceX's recent fundraising rounds have "been oversubscribed." Starfield satellites to begin using the network.

"Musk said."

Musk shared a photo of the 60 Starlink satellites on Saturday after they were packed into the nosecon of the Falcon 9 rocket. 19659013] SpaceX "Starlink" satellites stacked inside the nosecone of its rocket before launch.

@ElonMusk on Twitter

SpaceX launches two demonstration satellites in February 2018, but much of the program – and the satellites' design – remained unknown , Although Musk fired the head of the Starlink program – a vice president who Jeff Bezos promptly hired to develop a similar network – in June, SpaceX has continued to advance the program quickly. In filings with the Federal Communications Commission, SpaceX noted a few changes to its plans. SpaceX submits that it is "1 million Earth stations" in the US "Space to Connect to the Grounds."

Musk said SpaceX wants six more launches, with 60 satellites per launch, to get "minor coverage "for the internet network. A dozen launches, or 720 satellites, would bump the network to "moderate" coverage, "he added."

"This is one of the hardest engineering projects I've ever done," Musk said.

He went Each satellite has "about a terabit of useful connectivity," Musk said. "The satellites want to" "automatically maneuver around any orbital debris," he said space.

"Musk said."

The company is continuing to develop and advance Starlink as the program continues, Musk promised If SpaceX is ready to go to its current Starlink schedule, Musk said "SpaceX wants to have the majority of satellites" in orbit around the Earth within two years.

SpaceX re one of several constellations in development, compiled with Softbank-backed OneWeb, Amazon Project Kuiper, Canadian operator Telesat and more. These ambitious satellite networks require intensive capital, with some industry officials estimating costs as high as $ 5 billion.

across the electromagnetic spectrum. The satellites would offer new direct-to-wireless wireless connections, rather than the present system's redistribution of signals.

Musk said SpaceX does not think it's "going to be displacing". Instead, he thinks the space-based network "wants to work well" with telecommunications companies because it sparsely populated regions. While Starlink has "not signed up any customers," Musk said SpaceX is talking about "possible strategic partners," such as telecommunications companies.

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