Elon Musk's Starlink network is capable of imbalancing the global network economy

Recently, SpaceX was approved by the US Federal Communications Commission (FCC) to launch more than 7000 low orbit Internet satellites into space. This is part of the Starlink network development plan, the global high-speed wireless Internet network by using nearly 12,000 outer space satellites. In March this year, the US government also gave the green light to Sapce X to deploy 4,425 artificial satellites.

According to Mark Handley, professor of network research, only one-third of SpaceX's 4,425 Internet Starlink satellites are officially active, which is capable of balancing both the global network economy and the Existing network infrastructures. In addition, Handley doubted that the benefits of such an Internet would make it a 'money printer'. Because faster speeds, even a few milliseconds, are enough to make a difference in economics.

Elon Musk's Starlink network is capable of imbalancing the global network economy Picture 1
SpaceX's Starlink satellite test.

The main idea in Professor Mark Handley's report:

Professor Handley relied on the information that SpaceX announced to create a Starlink emulator. The system establishes long-distance connections very quickly, only takes a very short time to send messages. This is extremely important for those who want to update quickly, who are willing to pay a lot of money to build their own networks, to ensure the speed of communication. So SpaceX with the first 1,600 satellite satellites of the outer space could earn huge amounts of money.

Elon Musk's Starlink network is capable of imbalancing the global network economy Picture 2

In the information age that is the current power, every industry benefits from HFT - High-Frequency Trading, technology that helps exchange information only in a few milliseconds. -second. HTF along with rail, power and Internet . become part of the global infrastructure. If companies do not want to die, they must follow technological steps.

When Starlink or any ultra-high-speed Internet service appears later, it will cause imbalances between those with and without Starlink. And if so, leading companies will be willing to spend a lot of money to get the advantage.

According to Professor Mark Handley, the market balance will be on one side with only 37% of the total of 4,425 satellites expected to establish the first connections.

Elon Musk's Starlink network is capable of imbalancing the global network economy Picture 3

In order to develop Starlink's network, SpaceX faces many challenges, not only to produce satellites (the number of 4,425 is not small) but also to launch and place satellites outside the Earth, where there are many universe waste. And among these big tech companies, the most capable person to be able to do all these things is SpaceX.

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