SpaceX, owned by Elon Musk, has been dabbling with several enterprising missions and projects.

In 2015, Musk shared the idea of introducing Universal Internet, to establish a high-speed internet connection with Mars from Earth.

A year later, in November 2016, the company filed a petition with the Federal Communications Commission, regarding approval for the launch of 4,425 satellites to set up a global network of internet access from space.

Talks With FCC

SpaceX representatives met with the FCC two times to talk about the project and its progress plans, as reported by The Verge.

FCC forms reveal that on March 9, SpaceX President Gwynne Shotwell, along with Tim Hughes and Patricia Cooper, met with FCC chairman Ajit Pai as well as acting wireless advisor Rachel Bender.

On Feb. 28, SpaceX representatives met with one of the wireless advisors of FCC to discuss the delayed proposal, regarding the regulatory demands on commercial space launches.

In the second meeting on March 9, SpaceX representatives discussed the implication of the satellite network, intended to bring terrestrial internet to space. The proposal that was filed in November sheds light on how the system would actually run.

According to the proposal, SpaceX intends to place a constellation of more than 4,425 satellites. Nearly 1,600 satellites will launch at the initial stage with the remaining 2,825 satellites slated for later.

SpaceX's Competitors And Rivals

In the past, companies like Motorola have also come up with the idea of a satellite network transmitting data as well as small base stations.

The project was named "Iridium," but due to excessive investment cost and fading customer interest, the project suffered a huge loss. Later in 2000, the company was bought by an investor for $35 million.

However, with the arrival of 5G technologies in the near future, the dream of the Universal Internet Satellite looks like a possible reality. As a result, apart from SpaceX, many other agencies such as Boeing and OneWeb have also come up with the similar concepts for data dispersal.

Risks Involved In Building Such Networks

The entire project of the Universal Internet is assumed to cost around $6 billion and is expected to rise as the project grows ahead. With such a huge amount and so many companies already planning for the constellations, it is unlikely that all the three companies will get the approval.

However, the approved company will become an important member of the cellular network, but the risk of bankruptcy is also higher.

FCC And Its Conditions

In order to make the Universal Internet concept a reality, a corporation has to get the approval of FCC before starting the project. Given this clause, FCC has quite a few terms and conditions of its own which any corporation needs to follow through if they want the technology to go forward as planned.

The companies have to follow few of the permissive rules of the FCC, which state that the organizations must perform their work separately.

Even after the final ruling, FCC will continue to play a pivotal role by deciding on deadlines for the phases of the project. Missing deadlines will not only let the rivals leap ahead, but would also force the FCC to eliminate that contender from the race to space.

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