Elon Musk's ambitious $10b plan to fix Australia's poor internet

  • Elon Musk's ambitious $10b plan to fix Australia's poor internet

Elon Musk's ambitious $10b plan to fix Australia's poor internet

Aerospace engineer at Analytical Graphics, Inc. and the director for the Center of Space Standards and Innovation, Dan Oltrogge's educated guess says that about 57,000 new satellites may be orbiting Earth by 2029, up to 25 times the number of active spacecraft today.

It is an vital foot within the door for SpaceX, as the corporate will need to have regulatory approvals in place for global locations it desires to connect with Starlink's broadband companies.

According to reports, Astronomer Daniel Caton claims that the satellites launched by SpaceX as a part of the Starlink project are 99 per cent brighter than normal satellites and therefore jeopardize the view of the night sky from Earth.

Capital has been slowing growing for the ambitious project, with Space X receiving A$1.9 billion in funding past year for the ambitions project.

If SpaceX can overcome the technological challenges of constructing and distributing this service, the corporate is optimistic on its potential demand and income. SpaceX CEO Elon Musk in Might estimated that Starlink might usher in income of $30 billion a 12 months - or about 10 occasions the very best annual income it expects from its core rocket enterprise.

A Falcon 9 SpaceX rocket with a payload of about 60 satellites for SpaceX’s Starlink broadband network launched into space last month

The company reckons the ambitious Starlink plan will cost $US10 billion or more to complete. After that, SpaceX will want 1,440 Starlink satellites to offer protection to anywhere on this planet.

Just like with the US, Space X has promised the network will "offer satellite-based broadband and communications services for residential, commercial, institutional, governmental, and professional users throughout Australia".

Starlink's plans have been hit with criticism from Foxtel, which wrote a letter of protest to the ACMA regarding the plan.

But it notes that Foxtel has raised concerns that the service might conflict with its subscription TV service.

"This is a crucial link in our product delivery chain, and the consequences of interference, outages or degradations of margin are at the highest end of the spectrum of consequences for a business such as Foxtel", the company wrote. The communications regulator has added the company to a list of satellite operators allowed to occupy Australian airspace, according to a Guardian report.