Elon Musk-owned SpaceX sets up subsidiary in India


World's richest person Elon Musk-owned SpaceX has incorporated its wholly-owned subsidiary in India to start local broadband operations,

Key Points
• SpaceX's satellite broadband arm Starlink aims to start broadband services in India from December 2022, with two lakh active terminals subject to permission from the government.
• SpaceX now has a 100 percent owned subsidiary in India. The subsidiary has been named SSCPL - Starlink Satellite Communications Private Limited. The company was incorporated on November 1, 2021.
• Starlink has already received more than 5,000 pre-orders from India.

Data Charges
SpaceX's subsidiary is charging a deposit of USD 99 or Rs 7,350 per customer and claims to deliver data speeds in the range of 50 to 150 megabit per second in beta stage.

The services of Starlink will compete with the services provided by Bharti Airtel, Reliance Jio, Vodafone Idea in broadband. It will also be a direct competitor of Bharti Group-backed OneWeb.

Space Exploration Technologies Corp. (SpaceX)
Founded in 2002 by entrepreneur Elon Musk , SpaceX is an American aerospace manufacturer, communications corporation and space transportation services. Headquartered in Hawthorne, California, SpaceX was founded with a view to reducing space transportation costs to provide for colonization of Mars. It manufactures the Falcon 9 and Falcon Heavy launch vehicles, Dragon cargo, crew spacecraft, several rocket engines and Starlink communications satellites.

About Starlink
Starlink is a satellite internet constellation operated by SpaceX. It provides satellite Internet access to most part of the Earth. As of now, it comprises of more than 1600 satellites.


Share