SpaceX News

Elon Musk. Image sourced from CNBC Elon Musk’s satellite network – Starlink – is reportedly on track to deliver broadband internet everywhere on Earth except for its two poles by August of this year. The Space Exploration Technologies Corporation (SpaceX) launched more than 1,500 satellites so far and is running Starlink operations in about a dozen countries. However, the financial investment for these operations has been and will continue to be, steep. Heavyweight Investments Musk said during a presentation at the Mobile World Congress (MWG) on Tuesday that SpaceX’s total investment in the network will be between, brace yourself, $5-Billion and $10-billion before cash flow becomes positive. This is only the beginning, with Musk adding that an additional $20-billion or $30-billion may be n...