Elon Musk tweeted that he is in talks with airlines about installing Starlink broadband.
Friday, October 15, 2021 | Chimniii Desk
Highlights
Elon Musk, the billionaire entrepreneur, said in a tweet on Thursday that he was in talks with airlines about deploying Starlink, his rocket business SpaceX's satellite-based broadband service. It was unclear whose airlines had been contacted or when the installation would take place. Gogo Inc's shares plunged to an intraday low of 5.7 percent before recovering some of those losses in afternoon trading. Starlink, SpaceX's satellite internet subsidiary, intends to launch 12,000 satellites. According to SpaceX, the Starlink constellation will cost approximately $10 billion.
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Musk, who is well-known on Twitter for his humour, announcements, and animated interactions with followers, made no mention of the negotiations in his message.
Elon Musk, the billionaire entrepreneur, said in a tweet on Thursday that he was in talks with airlines about deploying Starlink, his rocket business SpaceX's satellite-based broadband service.
Musk, who is well-known on Twitter for his humour, announcements, and animated interactions with followers, made no mention of the negotiations in his message. It was unclear whose airlines had been contacted or when the installation would take place.
Gogo Inc's shares plunged to an intraday low of 5.7 percent before recovering some of those losses in afternoon trading.
Starlink, SpaceX's satellite internet subsidiary, intends to launch 12,000 satellites. According to SpaceX, the Starlink constellation will cost approximately $10 billion.
It is one of a rising number of firms developing small satellites, including Amazon.com's Kuiper, the United Kingdom's OneWeb, the venture-backed Planet, and Raytheon Technologies Corp's Blue Canyon Technologies.
Musk is now CEO of Tesla Inc, SpaceX, and Neuralink, a firm researching ultra-high bandwidth brain-machine interfaces to connect the human brain to computers.
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