Elon Musk’s SpaceX’s Starlink Satellite is in Talks with the United Kingdom to Do This
Elon Musk may be very busy running electric vehicle giant Tesla but he’s also the chief executive of another important company called SpaceX.
SpaceX’s Starlink satellite internet has recently been reported to be in talks for a place in the United Kingdom’s $6.9 billion ‘Project Gigabit’
Starlink is SpaceX’s capital-intensive project to build an interconnected internet network with thousands of satellites.
In the space industry it is known as a constellation that is designed to deliver high-speed internet to consumers anywhere on the planet.
The Starlink satellite division could potentially earn funding as a part of the government’s new $6.9 billion internet infrastructure program.
U.K. Minister for Digital Infrastructure Matt Warman had met with Starlink leadership according to a person familiar with the talks who spoke to CNBC.
It was last October that SpaceX began rolling out early Starlink service in a public beta that now extends to customers in the U.S., Canada, the U.K., Germany and New Zealand. The service is priced at $99 a month in the U.S.
According to a Sky News report, who first reported on the discussions, U.K. Culture Secretary Oliver Dowden believes Starlink is one of the best options for delivering internet service to hard-to-reach areas across the country.
Starlink has so far launched more than 1,200 satellites to orbit so far.
It was this past Friday that the U.K. launched the first phase of Project Gigabit which aims to upgrade the internet service of more than one million homes and businesses.
Amazon is also planning to launch thousands of satellites.
Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.