This month, Elon-Musk changed the history of the world to record his name as the World’s richest man by upending the global auto industry and disrupting aerospace heavyweights with reusable rockets. Now he wants to target another business dominated by entrenched incumbents that is Telecommunications.
More than 1,000 satellites have already been launched by Musk's space exploration technologies corporation for its Starlink internet service and are signing up early customers in the U.S, Canada, and the U.K, The investment in Starlink is angling for a piece of a $1 Trillion market made up of in-flight internet, for the demand in China and India and other rural customers such as Brian D Rendel.
After struggling for many years with sluggish internet speeds at his 160 acre land of the farm overlooking a lake in Michigan's Upper Peninsula. They arrived with a flat dish and antenna for $99 a month before they paid about $500 for the equipment. Now Rendel is provided by the 100 Mbps speeds for downloads and more than 15 to 20 Mbps for uploads.
This solved most of the problems of the people of the Rendel. People can watch movies with any buffering and hold meetings with their clients over Zoom apps. This makes the people feel like a part of civilization again said a mental health counselor.
There are more than 960 functioning satellites in orbit, heralding an age of mega-constellations that have prompted worries about visual pollution for astronomers. The last 17th Starlink launch was on Jan 20.
For months, SpaceX has been launching Starlink satellites on its Falcon 9 rockets in batches of 60 at a time. But the Starlink array in low-earth orbit, closer to the planet than traditional satellites.
People are happy with the service and the economics of Starlink versus other service providers. This makes a big difference between them and makes Elon Musk more successful.