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SpaceX controls 60% share of global launches

A single SpaceX rocket can carry as many as 60 satellites at once.

DT NEXT Bureau

NEW DELHI: Elon Musk-run SpaceX now controls 60 per cent share of the global launch business, as he aims to bring Starlink, which uses low-orbit satellites to provide broadband internet connections, to India.

This year, the company had already put more than 1,000 satellites in orbit till June, it was reported on Monday.

“It now accounts for more than 60 per cent of satellites launched worldwide, according to the data from Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics,” the report said.

SpaceX has sent nearly 5,000 satellites to space since 2019 and has applied for permission to operate a total of 42,000. A single SpaceX rocket can carry as many as 60 satellites at once. “India is great for solar energy investment. We are also hoping to bring Starlink internet to India. I am incredibly excited about the future of India. I think India has more promise than any large country in the world,” he told reporters after meeting PM in the US last month.

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