“Musk is tonight hosting a SpaceX event in Seattle, where the company is opening a new office. The talk will mostly be about SpaceX’s plans for hiring aerospace and software engineers in the Pacific Northwest to boost the company’s rocket-building efforts. But he’ll also use the talk to announce his newest idea, which would launch a vast network of communication satellites to orbit earth. The network would do two things: speed up the general flow of data on the Internet and deliver high-speed, low-cost Internet services to the three billion-plus people who still have poor access to the Web.” See More . . .
Source: http://www.businessweek.com/articles/2015-01-17/elon-musk-and-spacex-plan-a-space-internet
By: Ashlee Vance (Bloomberg Businessweek)