Elon Musk has confirmed that his Space X corporation are in the early stages of building a fleet of micro satellites that will give cheap internet access to places where there is none.
SpaceX is still in the early stages of developing advanced micro-satellites operating in large formations. Announcement in 2 to 3 months.— Elon Musk (@elonmusk) November 11, 2014
The Wall Street Journal confirmed that Space X was planning to build nearly 700 of these tiny satellites that would weigh no more than 250 pounds at a cost of around $1bn.
When asked if the satellites would be used to provide free and unfettered internet access the entrepreneur replied that while it would be uncensored it wouldn't be free.
@Shmizer1 unfettered certainly and at very low cost— Elon Musk (@elonmusk) November 11, 2014
Space X has confirmed that it'll provide more information on the satellites and its plans for distributing in the coming months.