SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched...
CAPE CANAVERAL, Fla. - SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk’s new Starlink internet service.
The 60 satellites flown into space were released into orbit as planned about an hour after Thursday’s launch, and the Falcon 9’s main-stage reusable booster rocket flew back to Earth for a successful landing on a barge floating in the Atlantic. Musk has said he sees the new Starlink venture as an important new revenue stream for his California-based Space Exploration Technologies, or SpaceX, whose launch service income he expects to top out at around $3 billion a year.
At least 12 launches carrying similar payloads are needed to achieve constant internet coverage of most of the world, Musk said. For now, Starlink is only authorized for U.S. operations.
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