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Report: Elon Musk eyeing partnership to launch 700 internet satellites

Gigaom

SpaceX and Tesla founder Elon Musk’s next venture could be small satellites equipped to provide internet to remote corners of the world, the Wall Street Journal reported Friday. Sources told the paper that Musk and former Google executive Greg Wyler are in talks with officials in Florida and Colorado about the construction of a satellite factory.

The project is apparently in its early stages, and it is not clear that Musk will actually see it through. Wyler previously headed up Google’s satellite division, and is now the founder of WorldVu Satellites, which owns a segment of the radio spectrum that the satellites could use to provide internet. The two are searching for a partner that has experience in the satellite industry.

Current plans call for around 700 satellites that each weigh less than 250 pounds, according to the WSJ. That is much lighter than the several tons more traditional satellites weigh

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