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Musk Dares to Go Where Others Failed With Space-Based Web

  • SpaceX launches communications satellites, possible vanguards
  • Races to beam broadband from space through satellites
SpaceX Launches Falcon 9 Rocket Carrying Three Satellites
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When Elon Musk’s SpaceX heaved two communications satellites aloft last week, he joined a space race that’s foiled plenty of other dreamers.

Billions of dollars have vanished in the quest to provide internet service from low-earth orbit. Globalstar Inc. and Iridium Communications Inc. crashed into bankruptcy but are still at it, while another effort foldedBloomberg Terminal despite backing from Bill Gates, Boeing Co. and others.