Elon Musk Eyes New Satellite Venture

Elon Musk, the technology mogul behind SpaceX and Tesla Motors, is gearing up to develop a new startup, to launch its own constellation of satellites to deliver Internet access. According to the WSJ, the Musk is working with the founder of WorldVu Satellites Ltd. and former Google executive Greg Wyler to help launch around 700 satellites into space to provide Internet access globally, with those satellites being launched into space by Hawthorne-based SpaceX. No other details of the venture have been revealed yet. Photo of an earlier SpaceX satellite launch.