Musk first revealed his plans at a SpaceX event in Seattle in January this year.
Musk has said the effort would be like rebuilding the Internet in space.
However, many of these projects have run into problems that Musk is working upon to avoid.
Facebook has already shelved itsmultibillion dollar satelliteproject due to cost overruns.
Its worth noting that Musk isnt the only billionaire entrepreneur who is interested in this technology.
source: www.techworm.net
