Elon Musk looking to blanket the planet with 700 microsatellites
Elon Musk announced that SpaceX is looking to launch a 700 micro-satellite constellation to bring global Internet access across the world. Each satellite will weigh less than 250 pounds and use radio spectrum allocated to WorldVu Satellites, Ltd.
Although still in the planning stages, SpaceX may end up helping in the construction and launch of the largest fleet of satellites yet.
Although still in the planning stages, SpaceX may end up helping in the construction and launch of the largest fleet of satellites yet.
Google Inc (GOOGL) Investing $1 Billion in SpaceX for Satellite Internet
http://www.stockwisedaily.com/google-inc-googl-investing-1-billion-in-spacex-for-satellite-internet/239068/
Google can certainly afford to throw away $1 billion, particularly if their announcement encourages several times as much private investment, getting the project off the ground and of course the company's inevitable bankruptcy won't bring the satellites back down, leaving a resource Google will continue to benefit from, indefinitely.