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ILON MASK: STARLINK NEEDS $ 30 BILLION TO AVOID BANKRUPTCY

In the framework of the MWC 2021 technical exhibition in Barcelona, which was held on Tuesday, Elon Musk said that the main goal of Starlink is to avoid bankruptcy. According to the CEO of SpaceX, this may require investments in the range of $ 20 billion to $ 30 billion. Starlink is a constellation of internet satellites that needs to survive to enter the global market. Musk has previously stated that bankruptcy prevention was a major challenge which is usually faced by any high-speed satellite communications business. According to the billionaire,...

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