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2021-06-30

UPDATE 1-Musk ready to invest as much as $30 billion in Starlink

(Wraps stories, adds context) By Supantha Mukherjee and Clara-Laeila Laudette BARCELONA, June 29

UPDATE 1-Musk ready to invest as much as $30 billion in Starlink

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+49 30 220 133 562;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147786472","content_text":"(Wraps stories, adds context)   By Supantha Mukherjee and Clara-Laeila Laudette   BARCELONA, June 29 (Reuters) - Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.   The Tesla Inc    CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.   \"It's a lot, basically,\" Musk said in a video interview from California with the Mobile World Congress, the telecoms industry's largest annual gathering that is being held in Barcelona.   Starlink, an array of low-orbit satellites offering high-speed connectivity for people living in remote areas, is already offering a trial service and says it aims for near-global coverage of the populated world this year.   It now has more than 1,500 satellites aloft and is operating in about a dozen countries, adding more every month, said Musk, forecasting that total customer numbers would reach half a million over the next 12 months, from 69,000 now.   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UPDATE 1-Musk ready to invest as much as $30 billion in Starlink

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