SpaceX has been working on a global wireless internet connection since 2015, using a broadband satellite constellation called Starlink. The FCC recently green-lit a wave of new satellites, and recent article in SmarterAnalyst proposes that Tesla could be an integral part of the plan.
According to the publication, SpaceX is set to invest around $10 billion in Starlink. Satellite launches are scheduled to begin in 2019 and be completed by 2024. Starlink’s satellites will be located just 210 to 750 miles above the ground, one of the lowest satellite constellations ever launched. The lower the satellites, the faster communication speeds can be. Starlink hopes to offer internet speeds of 1,000 Mbps, comparable to 5G (about 1,400 Mbps). However, to provide the blazing fast connection speeds Starlink is promising, it needs to have ground transceivers – small terminals mounted on customers’ homes or businesses, analogous to satellite dishes.