ELON MUSK'S SPACEX HAS A PLAN TO DEPLOY UP TO 30,000 NEW SATELLITES — AND MORGAN STANLEY SAYS IT COULD COST AS MUCH AS $60 BILLION

Loren Elliott/Getty Images Elon-musk/' title='Elon Musk News'>Elon Musk's SpaceX reportedly has plans to launch 30,000 more Starlink internet satellites — and Morgan Stanley says the initiative could cost as much as $60 billion.  The bank's analysis assumes a cost of $1 million to build each satellite and about $50 million for every 60 satellites launched.  Morgan Stanley also estimates the cost to replacement the satellites, which happens about every five yea...

BusinessInsider (Date:10/18/2019 18:55) Read full article >>

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Elon Musk PhotoElon Musk: Elon Musk is a South African American entrepreneur and inventor best known for founding SpaceX, and co-founding Tesla Motors and PayPal . While at those companies, he oversaw the construction of the first electric car of the modern era, the Tesla Roadster, a private rocket known as Falcon 9Dragon,
- Elon Musk Wikipedia
Morgan:
Morgan Stanley PhotoMorgan Stanley: Morgan Stanley is an American multinational financial services corporation headquartered in the Morgan Stanley Building, Midtown Manhattan, New York City. Morgan Stanley operates in 42 countries, and has more than 1300 offices and 60,000 employees. The company reports US304billion in assets under m
- Morgan Stanley Wikipedia
International: International mostly means something involving more than a single country. The term international as a word means involvement of, interaction between or encompassing more than one nation, or generally beyond national boundaries. For example, international law, which is applied by more than one coun
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Visit: A visit is where a person, or people, goes to either see someone or a place. It can refer to many things:
Democratic: Democracy is a form of government in which all eligible citizens participate equallyeither directly or through elected representativesin the proposal, development, and creation of laws. It encompasses social, economic and cultural conditions that enable the free and equal practice of political self-
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
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Elon: In the Bible, Elon was a Judge of Israel.