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Elon Musk sets sights on low-cost internet satellites

Monday 10 November 2014 | 19:59 CET | News
Billionaire entrepreneur Elon Musk is shifting his business focus towards satellites and is exploring ways to develop smaller, less-expensive models that can deliver global internet access, reported The Wall Street Journal. Elon Musk confirmed that his company SpaceX is developing advanced satellites to deliver internet access. In a post to his Twitter account, the founder, chief executive and chief designer of the rocket company said SpaceX is in early development of new "micro-satellites".

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Categories: Broadcast & Satellite
Companies: Google / Iridium / O3b Networks
Countries: World
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