Musk: It Will Cost $30B To Make Space Internet Viable

Musk: It Will Cost $30B To Make Space Internet Viable
(AP Photo/Reed Hoffmann, File)

In a video conference on Tuesday billionaire carnival barker Elon Musk claimed that while the Starlink satellite internet venture was growing quickly, it was going to need a massive infusion of cash continue.

“If we succeed in not going bankrupt, then that’ll be great, and we can move on from there,” Musk said. He explained that he predicts the total investment cost in SpaceX’s Starlink venture being between $20 and 30 billion. With a B.

I guess he could always use some of that totally real, liquid $170 billion he is said to have! Read Full Article »


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