The constellation, informally known as Starlink, is under development at SpaceX’s facilities in Redmond, Washington.
They form a constellation designed to provide low-cost broadband internet service from low Earth orbit.
Its goal is to beam superfast internet into your home from space.
While satellite internet has been around for a while, it has suffered from high latency and unreliable connections.
The billionaire’s company wants to create the global system to help it generate more cash.
Starlink is different. SpaceX says putting a ‘constellation’ of satellites in low earth orbit would provide high-speed, cable-like internet all over the world.
Musk has previously said the venture could give three billion people who currently do not have access to the internet a cheap way of getting online.
It could also help fund a future city on Mars.
Helping humanity reach the red planet is one of Musk’s long-stated aims and was what inspired him to start SpaceX. The company has previously filed plans with the Federal Communications Commission (FCC) to launch 4,425 satellites into orbit above the Earth — three times as many that are currently in operation.
‘Once fully deployed, the SpaceX system will pass over virtually all parts of the Earth’s surface and therefore, in principle, have the ability to provide ubiquitous global service,’ the firm said. ‘Every point on the Earth’s surface will see, at all times, a SpaceX satellite.’
The network will provide internet access to the US and the rest of the world, it added. It is expected to take more than five years and $9.8 billion (£7.1bn) of investment, although satellite internet has proved an expensive market in the past and analysts expect the final bill will be higher.
In the US, the FCC welcomed the scheme as a way to provide internet connections to more people. Musk compared the project to ‘rebuilding the internet in space’, as it would reduce reliance on the existing network of undersea fibre-optic cables which criss-cross the planet.
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