• Download the Constitution of Pakistan
  • Advertise
Sunday, December 14, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Starlink satellite acquires 500,000 preorders

by Web Desk
May 5, 2021
in Business, Finance, Main, New, Technology, World
Reading Time: 2 mins read
0
Starlink
Share on FacebookShare on TwitterLinkedinWhatsapp

SpaceX has received more than 500,000 preorders for its Starlink satellite internet service and anticipates no technical problems meeting the demand, founder Elon Musk said on Tuesday.

“Only limitation is high density of users in urban areas,” Musk tweeted, responding to a post from a reporter that said the $99 deposits SpaceX took for the service were fully refundable and did not guarantee service.

“More of a challenge when we get into the several million user range,” Musk said.

SpaceX has not set a date for Starlink’s service launch, but commercial service would not likely be offered in 2020 as it had previously planned.

The company plans to eventually deploy 12,000 satellites in total and has said the Starlink constellation will cost it roughly $10 billion.

Building and sending rockets to outer space is a capital-intensive business, but two of the world’s richest men, Amazon founder Jeff Bezos and Musk, who is also the chief of automaker Tesla, have invested billions of dollars over the years to make inroads in this market.

Musk and Bezos have sparred publicly over the competing satellite plans.

The US Federal Communications Commission (FCC) last month approved SpaceX’s plan to deploy some Starlink satellites at a lower earth orbit than planned but included a number of conditions to ensure the plan’s safety.

SpaceX agreed to accept that their satellites may encounter interference from satellites deployed under Amazon’s Kuiper Systems satellite project.

Tags: AmazonFCCKuiper SystemsSatelliteSpaceXStarlink

Web Desk

Related Posts

Pak warns brazil style restrictions 2

Pakistan Issues Final Warning to Social Media Platforms

by Anum Arif
December 13, 2025
0

The government of Pakistan has issued a final warning to major social media platforms, cautioning that strict restrictions similar to...

PM shehbaz launches regulatory reforms

PM Shehbaz Says Pakistan Economy Out of Crisis

by Anum Arif
December 13, 2025
0

Prime Minister Muhammad Shehbaz Sharif on Saturday said that Pakistan’s economy has emerged from severe difficulties due to the untiring...

Ai powered driverless car

NED University Tests Pakistan’s First AI Driverless Car

by Anum Arif
December 12, 2025
0

In a groundbreaking achievement for Pakistan’s technology sector, engineers at the NED University of Engineering and Technology have successfully completed...

PM urges world to press afghanistan on terror threat

PM Shehbaz Urges Global Action on Afghan-Based Terror Threat

by Anum Arif
December 12, 2025
0

Prime Minister Shehbaz Sharif has urged the international community to press the Afghan Taliban to fulfil their global commitments and...

reko diq pak usa

Reko Diq’s $7bn Financial Close Marks Major Boost in Pakistan–US Economic Ties: Aurangzeb

by Hassan Mustafa Bajwa
December 11, 2025
0

Pakistan has officially reached the $7 billion financial close of the Reko Diq copper-gold project, a milestone that Finance Minister...

polio vaccine campaign

Pakistan Launches Final Polio Vaccination Campaign of 2025 to Protect 45 Million Children

by Hassan Mustafa Bajwa
December 11, 2025
0

Pakistan has rolled out its final nationwide polio vaccination campaign for 2025, aiming to immunise approximately 45 million children under...

Next Post
Covid -19

Covid Positive cases start decreasing in KPK

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters