News > Elon Musk Is Now Setting His Eyes On This Business

Elon Musk Is Now Setting His Eyes On This Business

23/01/2021 08:13 PM | Click to read full article

Elon's setting his sights on another business dominated by entrenched incumbents: telecommunications.

Musk's Space Exploration Technologies Corp. has launched more than 1,000 satellites for its Starlink internet service and is signing up early customers in the U.S., U.K. and Canada. SpaceX has told investors that Starlink is angling for a piece of a $1 trillion market made up of in-flight internet, maritime services, demand in China and India.