Musk says may need US$30 billion to keep Starlink in orbit

By

Venture is growing quickly.

Musk says may need US$30 billion to keep Starlink in orbit
Billionaire entrepreneur Elon Musk said his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between US$20 billion and US$30 billion. Without disclosing details, he also said Starlink has "two quite significant partnerships ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
broadbandcostinvestmentsatellitestarlinktelco/isp

Sponsored Whitepapers

Datacom + Microsoft Azure: Turn Ideas Into Impact in Just 4 Weeks
Datacom + Microsoft Azure: Turn Ideas Into Impact in Just 4 Weeks
Protect APIs. Protect Your Business.
Protect APIs. Protect Your Business.
KnowBe4 Benchmark Report: Reducing Human Risk & Phishing Vulnerability in ANZ
KnowBe4 Benchmark Report: Reducing Human Risk & Phishing Vulnerability in ANZ
Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Saviynt Simplifies GRC and Access Control for SAP and Beyond

Events

Most Read Articles

Optus' first AI chief Samantha Lawson exits

Optus' first AI chief Samantha Lawson exits
TPG packet core decommissioning caused emergency call issues

TPG packet core decommissioning caused emergency call issues
Australian eSafety commissioner and YouTube spar

Australian eSafety commissioner and YouTube spar
Trouble anticipated as NBN Co's new high speeds come online

Trouble anticipated as NBN Co's new high speeds come online
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?