There will be satellite Internet coverage around the world

Elon Musk recently announced his Twitter on the satellite internet project he is currently investing in.

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Thus, this project has been officially confirmed and information about the project will be published in the next 2 to 3 months. According to Musk's tweet, his SpaceX company is in the early stages of a satellite internet project around the world.

Earlier rumors said Elon Musk is working with Greg Wyler, who founded O3b Networks and headed Google's satellite Internet company until early this year. And they plan to launch around 700 small satellites to cover the internet around the world.

Musk's satellites will be much smaller than current satellites and will cost about $ 1 million each. This bold project will face a lot of technical difficulties as well as a huge investment.

In addition, SpaceX will face the barriers to space law and compete for space projects with other competitors, such as the Google Bubble Satellite Project or Facebook Wireless Project.

Reference: engadget