Elon Musk: Starlink satellite internet service receives 500,000 preorders

Elon Musk: Starlink satellite internet service receives 500,000 preorders
Image Credits: Elon Musk Fanpage/Instagram
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American space agency SpaceX has secured over 500,000 preorders for its Starlink satellite internet service, the founder of the space agency Elon Musk said in his recent statement earlier this week.

While responding to a CNBC reporter who, in a post, said the $99 deposits taken by SpaceX for service were refundable, Elon Musk Tweeted, “Only limitation is high density of users in urban areas.”

“More of a challenge when we get into the several million user range,” Musk said.

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The company has not decided a time for the launch of the Starlink service, it is unlikely to offer commercial service in 2021 as it was previously planned.

The space agency is planning to deploy 12,000 satellites. According to the space agency, the Starlink constellation is likely to cost the company around $10 billion.

The world’s richest man and CEO of Tesla Inc Elon Musk have made a huge investment over years to stand firmly in the space market.

The US Federal Communication Commission (FCC) approved SpaceX’s Starlink satellites deployment plan with several conditions for safety.

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