Bloomberg reports that Musk imagines it would change the way the internet on Earth fundamentally operates; instead of data packets bouncing around routers and networks on the surface, they could go to space and bounce between satellites until they reach their destination.
Musk hasn’t named the project yet, but said that it will be based in SpaceX’s new Seattle office. He also sees it as the basis for reaching internet to Mars, saying that “It will be important for Mars to have a global communications network as well.”
SpaceX will build its own satellites to get the network up and running, which will fly in a slightly lower orbit to reduce communications lag.
It’s going to be a long, slow road to building it, but Musk says the company sees it as a long-term revenue source for SpaceX to fund building a city on Mars.