Los Angeles Times

SpaceX faces daunting challenges if it’s going to win the internet space race

SpaceX's goal is to sell broadband internet service delivered by more than 1,000 small satellites. But industry experts say the company’s biggest challenge is financial. SpaceX must drive down the cost of sophisticated hardware and software to the point where it can deliver fast, reliable internet service at a price point that competes with cable or fiber-delivered broadband services, while finding enough underserved markets to provide scale.