SpaceX has received more than 500,000 pre-orders for its Starlink satellite Internet service and does not anticipate any technical issues to meet demand, founder Elon Musk said Tuesday.
“The only limitation is the high density of users in urban areas,” Musk said. tweeted, responding to a message from a CNBC reporter saying that the $ 99 deposits SpaceX took for the service were fully refundable and did not guarantee the service.
“More of a challenge when we get into the multi-million user range,” Musk said.
SpaceX has not set a date for the launch of the Starlink service, but the commercial service is unlikely to be offered in 2020 as it had previously planned.
The company plans to eventually deploy 12,000 total satellites and said the Starlink constellation will cost it around $ 10 billion.
Building and sending rockets into outer space is a capital-intensive business, but two of the richest men in the world, Jeff Bezos, founder of Amazon (AMZN.O) and Musk, who is also the head of automaker Tesla Inc. (TSLA.O), have invested billions of dollars over the years to make inroads into this market.
Musk and Bezos have argued publicly over plans for competing satellites.
Last month, the U.S. Federal Communications Commission (FCC) approved SpaceX’s plan to deploy certain Starlink satellites to lower Earth orbit than expected, but included a number of conditions to keep the plan safe. Read more
SpaceX has agreed to allow its satellites to encounter interference from satellites deployed as part of Amazon’s Kuiper Systems satellite project. Read more
Our Standards: The Thomson Reuters Trust Principles.