Earlier this month, SpaceX received approval from the FCC to launch 4,425 satellites into space to build a low earth orbit network of satellites to sell home Internet. Recently SpaceX successfully launched its first set of 60 satellites for the new Internet service. Unlike current satellite Internet, these devices will be in a far lower orbit and offer far faster speeds without the data caps current satellite systems use.
Now the question is how much will this new SpaceX Internet service cost? We still don’t know for sure, but earlier this year at SXSW SpaceX Chief Executive Elon Musk said it would be “low cost.”
Exactly how low is unknown, but reports are that SpaceX hopes to make its Internet service extremely competitive. SpaceX has also said they plan to offer high-speed Internet in North America sometime in late 2019 or early 2020.
What is the goal of this new system? SpaceX hopes this new system of satellites will offer robust high-speed Internet, especially in developing countries and rural parts of developed nations like the United States. While you may not be running out to buy it if you have fiber Internet, it could bring true wireless Internet options to Americans who currently have no real options.
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