Elon Musk’s SpaceX division has announced that it has launched an additional 60 Starlink satellites, as part of its satellite broadband project.
A falcon 9 rocket launched the satellites from a base in the Cape Canaveral Space Force Station in Florida. The 60 new satellites will add additional coverage to the Starlink constellation of satellites.
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Starlink is a network of internet satellites being constructed by Musk’s SpaceX. Starlink will provide low-latency, high speed satellite internet access, once the project goes live. The network will combine thousands of small satellites in low Earth orbit with ground transceivers.
Satellite broadband access has the potential to provide ubiquitous, gigabit capable internet access to billions of people around the world. It could also provide life changing connectivity to the hundreds of millions of people who currently live outside the reach of traditional fixed line broadband networks.
Last month, SpaceX Founder and CEO hinted that the company may look to IPO Starlink, saying that he would do so only once the project had passed the beta testing phase of its service rollout.
“SpaceX needs to pass through a deep chasm of negative cash flow over the next year or so to make Starlink financially viable,” Musk said in a Tweet.
“Every new satellite constellation in history has gone bankrupt. We hope to be the first that does not.”
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