Name: Elon Musk says SpaceX 'will double' Starlink satellite internet speeds later this year
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Elon Musk says SpaceX 'will double' Starlink satellite internet speeds later this year

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Key PointsSpaceX CEO says the company's "will double" speeds to customers "later this year," as it continues to build out the global consumer network."Speed will double to ~300Mb/s & latency will drop to ~20ms later this year," Musk said in a tweet on Monday, responding to a user who showed speed tests ranging between 77 and 130 Mbps.Latency is the amount of delay in an internet network, defining how much time it takes a signal to travel back-and-forth from a destination. Latency and download speeds are key measures for an internet service provider.In a following tweet, Musk added that Starlink will reach customers around "most" of the Earth by the end of 2021, and is expecting to have complete global coverage "by next year."He emphasized that that Starlink, like other satellite broadband services, is intended for customers in "low to medium population density area.""Cellular will always have the advantage in dense urban areas," Musk said.Starlink is a capital-intensive project  known in the space industry as a constellation, designed to deliver high-speed internet to consumers anywhere on the planet. SpaceX leadership has previously estimated Starlink will cost about $10 billion or more to build but believes that the network could bring in as much as $30 billion a year — or more than 10 times the annual revenue of its existing rocket business.SpaceX two weeks ago , with the its other ambitious development project.Behind SpaceX and Amazon plans launch thousands of satellitesTo date SpaceX has launched more than 1,000 satellites for Starlink. In October, SpaceX began rolling out early service in a public beta to  – with service priced at $99 a month, plus a $499 upfront cost for the hardware needed to connect to the network.The company recently widened the scope of that public beta, . SpaceX, in a filing with the Federal Communications Commission earlier this month, disclosed that in just over three months since the public beta began.SpaceX noted in that FCC filing that Starlink's service is "meeting and exceeding 100/20 megabits per second ("Mbps") throughput to individual users," while most users were seeing latency "at or below 31 milliseconds." for exclusive insights and analysis, and live business day programming from around the world.Related Tags

Key PointsSpaceX CEO says the company's "will double" speeds to customers "later this year," as it continues to build out the global consumer network."Speed will double to ~300Mb/s & latency will drop to ~20ms later this year," Musk said in a tweet on Monday, responding to a user who showed speed tests ranging between 77 and 130 Mbps.Latency is the amount of delay in an internet network, defining how much time it takes a signal to travel back-and-forth from a destination. Latency and download speeds are key measures for an internet service provider.In a following tweet, Musk added that...

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Elon Musk says SpaceX 'will double' Starlink satellite internet speeds later this year

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