Musk Says SpaceX Ready To Spend $30B On Starlink
Jun 30, 2021 ·
5m 2s
Billionaire entrepreneur Elon Musk says that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20bn and $30bn. He says...
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Billionaire entrepreneur Elon Musk says that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20bn and $30bn.
He says Starlink has two quite significant partnerships with major country telcos that could help the SpaceX division plug the gaps in fifth-generation mobile and cellular networks.
The Tesla Inc CEO and founder of SpaceX, a rocket ship venture that seeks to colonise Mars, says investment costs before Starlink achieves fully positive cash flow would be $5bn to $10bn.
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He says Starlink has two quite significant partnerships with major country telcos that could help the SpaceX division plug the gaps in fifth-generation mobile and cellular networks.
The Tesla Inc CEO and founder of SpaceX, a rocket ship venture that seeks to colonise Mars, says investment costs before Starlink achieves fully positive cash flow would be $5bn to $10bn.
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