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SpaceX CEO Elon Musk reveals plans to launch the space internet network

On Friday, Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk has announced that his latter company will be developing a system that would help get the internet connection in outer space of the earth to help stretch the connectivity all the way to Mars in the future.elon-musk-ceo-spacex

Considered as the rock star CEO, Elon Musk visited Seattle and said about his company’s interest in spreading the internet all the way to the Mars. He also said, “One day I will visit Mars.”

The SpaceX CEO has also revealed that the planned space internet network will be speedier than what the people on this earth are experiencing today. Let’s assume a much more gigabyte per second speed.

Elon Musk has also revealed that the real intention behind launching the space internet network is not only providing the high-speed internet connectivity in the space, but also to improve the global internet speeds in general. The announcement comes following the recent press release of Virgin Galactic and Qualcomm, regarding their partnership to launch more sophisticated high-speed internet satellite network.

However, some reports expects that the space internet network might cost SpaceX around $10 million for the development and much more for the maintenance. SpaceX would have to launch hundreds of internet providing satellites to orbit the earth in around 750 miles altitude, which is much lower compared to the 22,000 mile height of most satellites’ achievement so far.

Elon Musk wants to transfer the internet data using the vacuum of the space, as the speed of light is faster in the space vacuum, compared to that of fiber optic cable. By research and development, SpaceX wants to develop a technology that could transfer the high-speed internet network to the outer space without losing a bit, if it’s possible.

Meanwhile, these are just the media reports, and these reports also stated that the company hasn’t named this project so far. Hence, it’s unclear whether SpaceX would launch the project sooner or later. It’s expected that the company will be reserving approximately 60 employees for this project and the project will be based in Seattle, United States. Elon Musk wants to see the team grow from 60 to 1,000 in next 3-4 years.

Stay tuned for more technology and gadget updates and news.

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