SpaceX solicits government permission for $10 billion high-speed Internet satellite network

Briefing

SpaceX solicits government permission for $10 billion high-speed Internet satellite network

December 16, 2016

Briefing

  • Global satellite network – Requested permission from government to deploy global high-speed Internet satellite network enabled by thousands of satellites above Earth
  • Project cost and timing – Project could cost $10 billion and take at least five years to complete
  • Possible uses – Connect Tesla vehicles worldwide and launch Internet service in Mars
  • Other companies – OneWeb, backed by Airbus and Virgin, plans to have satellites in orbit before 2020, while Boeing and Samsung are also exploring possibility

Accelerator

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Information Technology

Organization

SpaceX

Source

Original Publication Date

November 17, 2016

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