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Elon Musks path to worlds richest person with Spacex, Global Internet Satellite Network, Tesla

April 5, 2017

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Elon Musk has plans to launch V-band low-Earth orbit (VLEO) constellation that would consist of 7,518 satellites which will follow the earlier proposed 4,425 satellites that would function in Ka- and Ku-bands.

This global gigabit per second low latency satellite network would be projected to earn $30 billion per year in revenue by 2025.

Before the recent successful re-flight of a first stage, SpaceX was already valued at more than $12-billion. Spacex has a backlog of customers and plans to launch about once every two weeks this year and could support one launch per week next year.

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