Musk to conquer the ‘space web’, aims to invest 30 billion

Elon Musk, the founder of Tesla and Space X, aims to invest between 20 and 30 billion dollars in Starlink, the constellation of satellites currently under construction by the private American aerospace manufacturer SpaceX. Musk announced, at the Mobile World Congress in Barcelona, ​​to target around half a million users for its satellite internet service by the middle of next year against just over 69,000 users currently. The Starlink service currently promises users download speeds of up to 100 Mbps and upload speeds of 20 Mbps. It will cost initial customers $ 99 per month plus a one-time $ 499 investment in a transmission facility. SpaceX has 1,500 satellites in low orbit that provide broadband Internet service for Starlink. At full capacity, the service will have 12,000 satellites. “It’s really meant for sparsely populated regions,” Musk said, speaking from California in a video interview for the Mobile World Congress in Barcelona. “We are really getting to the parts of the world that are more difficult to reach.”

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