Newsdeck: Musk Gets Head Start on Bezos Launching SpaceX’s Satellites

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Newsdeck: Musk Gets Head Start on Bezos Launching SpaceX's Satellites By Bloomberg

On Wednesday evening, the company will launch orbital objects of its own in a key step toward creating a space-based constellation that beams broadband to underserved areas across the globe. It’s a bet Musk is making along with fellow billionaire Jeff Bezos on bringing in revenue as an internet provider from outer space. Musk founded SpaceX in 2002 with a goal of colonizing Mars.

Roughly one hour and two minutes after liftoff, the Starlink satellites will begin deploying at an altitude of about 273 miles above Earth, SpaceX said in a press kit, then use onboard propulsion to reach an operational altitude of 550 km. Each satellite is equipped with a navigation system that allows SpaceX to precisely position the satellites, track orbiting debris and avoid collisions.

“Starlink will afford broadband data access to the disconnected 4 billion much sooner than most would forecast,” Steve Jurvetson, a longtime SpaceX director, tweeted Sunday. “We see this as a way for SpaceX to generate revenue that can be used to develop more advanced rockets and spaceships,” Musk said Wednesday. “This is a key stepping stone on the way toward establishing a self-sustaining city on Mars and a base on the moon. We can use the revenue from Starlink to fund Starship.”

SpaceX launched a pair of Starlink demonstration satellites in February of last year. Four months later, Musk flew to Seattle to visit the team leading the project and fired at least seven people within hours, Reuters reported, citing two unidentified employees. The dismissals followed disagreements between Musk and others over the pace at which the satellites were being developed and tested, the news service said in October.

 

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