KEY POINTS
  • Elon Musk's SpaceX has received more than 500,000 orders so far for the satellite internet service it's rolling out, the company announced Tuesday.
  • Starlink is the company's capital-intensive project to build an interconnected internet network with thousands of satellites, designed to deliver high-speed internet to consumers anywhere on the planet.
  • The company began accepting $99 preorders for Starlink in early February, although SpaceX emphasized that the preorders are "fully refundable."
A Starlink user terminal being set up.

Elon Musk's SpaceX has received more than 500,000 orders so far for the satellite internet service it's rolling out, the company announced on Tuesday.

"To date, over half a million people have placed an order or put down a deposit for Starlink," SpaceX operations engineer Siva Bharadvaj said during the launch webcast of its 26th Starlink mission.