The plan calls for launching a constellation of 4,000 small and cheap satellites that would beam high-speed Internet signals to all parts of the globe, including its most remote regions. Musk has said the effort “would be like rebuilding the Internet in space.”
If successful, the attempt could transform SpaceX, based in Hawthorne, Calif., from a pure rocket company into a massive high-speed-Internet provider that would take on major companies in the developed world but also make first-time customers out of the billions of people who are currently not online.
It is hard to overstate how large a business this could be.
It is the kind of ambitious projects (don’t do it, don’t say ‘moonshot’) that is lacking in Europe.