UPDATED 07:30 EST / NOVEMBER 10 2014

Elon Musk NEWS

Elon Musk wants to shoot 700 mini Wi-Fi satellites into orbit

Elon Musk

Elon Musk

Billionaire SpaceX Corp. founder Elon Musk has already managed to send spaceships into orbit, and now he’s hoping to do the same with Wi-Fi beaming mini-satellites, if he can get the funding.

The Wall Street Journal reports Musk is discussing his latest scheme with former Google Inc., satellite executive Greg Wylera, who is now in charge of WorldVu Satellites Ltd. His company already owns a portion of radio spectrum that could be used for delivering Wi-Fi, and is reported to be looking at sites in Colorado and Florida to build a satellite factory. The WSJ also says Musk and Wylera are looking for a third partner in the venture.

Musk’s plan, which has since been detailed extensively on Wikipedia, calls for a “constellation” of over 700 satellites to be launched into orbit, each weighing less than 250 pounds, which is about half the size of most commercial satellites currently in orbit. Naturally, Musk would launch the satellites using his own Space X rockets, though planning is still in the very early stages. One thing the WSJ does note is the project would likely cost around $1 billion, and Musk would also need to overcome a number of regulatory hurdles to get his satellites off the ground.

In any case, Musk wouldn’t be able to launch until at least the end of the decade. That’s because SpaceX is busy with its more important, revenue-earning obligations to NASA. It’s one obstacle that might give Wyler pause for thought, because WorldVu’s rights to its spectrum bandwidth would need to be renewed by then.

Nevertheless it’s an ambitious plan that underlines just how determined people are to bring affordable Internet connectivity to the masses. Both Google and Facebook Inc., have already announced they’re working on similar plans using a combination of high-altitude balloons, drones and satellites, though these projects are still in their infancy – no one has been able to do it on the scale Musk is proposing.

It’ll be interesting to see if Musk can beat them to it. One would assume that Musk is planning to make money by selling Wi-Fi connectivity, but Google and Facebook’s ventures are primarily aimed at increasing their user bases – if they were to get there first and provide Internet connectivity at little to no cost, it’s difficult to see how Musk could monetize his plans.

photo credit: pasukaru76 via photopin cc

A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.