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About A Third Of All Active Satellites In The Sky Now Owned By Elon Musk's SpaceX


02/13/2021


About A Third Of All Active Satellites In The Sky Now Owned By Elon Musk's SpaceX
A collection of about a thousand satellites that are circulating about 340 miles above the Earth has been created by SpaceX, which according to the company’s CEO Elon Musk, has landed the company in a "deep chasm" of expenses as it continues to build the constellation of satellites.
 
The prospect of potential in-space collisions and the effect on the ability of astronomers to study the night sky have also been raised by the building of the constellation of satellites. But the manner in which internet is made available to rural communities has already been improved by the satellites which has benefited some of the early customers of the $99-per-month Starlink service.
 
The Starlink internet constellation of the company now comprises of about 1,000 active satellites, the largest group of satellites in orbit, after the company launched the latest group of satellites, about 60 in number, into orbit last week. About one third of all the active satellites in space is now owned by SpaceX.
 
In 2020, SpaceX launched more Starlink satellites into orbit than had been launched by all the rocket providers in the world in eth previous year.
 
People will be able to access cheap, high-speed internet to the masses as the satellites will be beaming cheap, high-speed internet to the masses, Musk’s space exploration company has promised. In a February 4 filing with the Federal Communications Commission, the company said that the fact that the concept of Starlink is no longer "theoretical and experimental" is proven by the fact that there are about 10,000 customers for the service.
 
In comparison, there are more than 6 million customers of Verizon, one of the most popular fiber-optic internet providers in the United States.
 
He "could not be happier" with his service, one participant in Starlink's beta testing program, Steve Opfer, a manager at chipmaker Broadcom (AVGO) who works out of his in rural Wisconsin home, was quoted in a report as saying. That was an echo of what dozens of beta testers have said in online forums, the report said.
 
However, only time will tell whether Starlink will turn out to be a sustainable business or not. The company "needs to pass through a deep chasm of negative cash flow over the next year or so to make Starlink financially viable", noted Musk in a tweet last Tuesday morning.
 
He also talked about the idea of taking SpaceX's Starlink business public eventually as he said that it could take place "once we can predict cash flow reasonably well". The company had "zero thoughts" about a Starlink IPO, Musk had said last year.
 
The idea behind building the Starlink network was to construct a network with low-latency, space-based internet service for consumers and is the largest and most meaningful attempt in history to that effect. Latency is the time lag or delay that is inherent in an internet service.
 
Musk had noted last week that previous attempts to build up such a network had to be their abandoned or ran into bankruptcy.
 
(Source:www.cnn.com)


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