Name: Elon Musk is bringing SpaceX's Internet to the UK
Brand: foxbusiness.com
SKU: foxbusiness-com-79
Availability: OnlineOnly

critic

Elon Musk is bringing SpaceX's Internet to the UK

preview

rapidly growing satellite Internet business, Starlink, is coming to the U.K. after it received approval from regulators, according to media reports. The reported that the U.K.'s communications regulator, Ofcom, approved the system for rural Britain in November. The -led company also has received approval from regulators in&nbsp;Greece, Germany, and Australia, according to local news outlets, including .Germany's federal telecommunications agency, Bundesnetzagentur, gave Starlink approval in late December, according to the agency's website. Musk, who recently became the in the world with a fortune surpassing $189 billion, has previously said that Starlink could eventually go public,&nbsp;but only when it has "predictable" and "smooth" revenue growth.However, much of Musk's net worth is attributed to Tesla and not SpaceX, though SpaceX is valued at approximately $49 billion. The company is also looking to raise&nbsp;&nbsp;as it&nbsp;grows&nbsp;its rocket business and&nbsp;its&nbsp;Internet satellite segment.As of April, Musk said there were 420 Starlink satellites in space, but that number had&nbsp;grown to more than 700 satellites by&nbsp;October. The company is also boosting the technology here on Earth, having recently&nbsp;&nbsp;with Microsoft to use its Azure cloud computing service to help connect and deploy new services for its Starlink unit.The service, which is still in beta in the U.S., is targeting a rollout in the northern part of the U.S. and Canada in short order, but no exact time frame has been given yet.In October 2019, Musk sent a tweet using the Starlink satellite system.In October, SpaceX it would&nbsp;provide free Internet access to 45 families in a Texas school district "early in 2021,"&nbsp;while an additional&nbsp;90 families will get access to the service as the network evolves.In July 2020, Morgan Stanley said SpaceX could be worth as much as $175 billion if Musk's Starlink Internet service is successful.

rapidly growing satellite Internet business, Starlink, is coming to the U.K. after it received approval from regulators, according to media reports. The reported that the U.K.'s communications regulator, Ofcom, approved the system for rural Britain in November. The -led company also has received approval from regulators in&nbsp;Greece, Germany, and Australia, according to local news outlets, including .Germany's federal telecommunications agency, Bundesnetzagentur, gave Starlink approval in late December, according to the agency's website. Musk, who recently became the in the world with a...

public

Chris Ciaccia

Fox Business (officially known as Fox Business Network) is an American pay television business news channel that is owned by the Fox News Media division of Fox Corporation. The network discusses business and financial news.

https://en.wikipedia.org/wiki/Fox_Business

foxbusiness.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

Elon Musk is bringing SpaceX's Internet to the UK

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS