This COULD be a good thing for the rest of us. Unfortunately, that probably means it will fail.
Elon Musk’s space company has asked the federal government for permission to begin testing on an ambitious project to beam Internet service from space, a significant step forward for an initiative that could create another major competitor to Comcast, AT&T and other telecom companies.
The plan calls for launching a constellation of 4,000 small and cheap satellites that would beam high-speed Internet signals to all parts of the globe, including its most remote regions. Musk has said the effort “would be like rebuilding the Internet in space.”