High-speed internet is the new space race. But do the economics work?
The White House’s $2 trillion infrastructure plan proposes $100 billion for broadband. Right now, however, it is hard to get broadband to large expanses of this country unless the infrastructure is in space. Low-Earth-orbit satellite constellations could bring high-speed internet access to those areas. Elon Musk’s Starlink is the best known, but there are a few other companies in the mix. Who could benefit from this new version of satellite internet? Sascha Segan from PCMag says, "This is going to be transformative for people in rural areas.