Jim Watson | AFP | Getty Images
SpaceX CEO Elon Musk explained Wednesday how the company's Starlink satellite network became the company's currency, the key to unlocking his vision of sending astronauts to Mars.
Hours before the first full launch of the Starlink satellite company on a media call, Musk went into detail about how the company's satellites and how many SpaceX can be launched.
Starlink represents the ambitious of the company's plan to build an interconnected internet satellite network, also known as a "constellation," in high speed internet beam anywhere on the planet. The entire Starlink network consists of 1
"We see this as a way for SpaceX to generate revenue that can be used to build more and more advanced rocket and spaceship," Musk says.
"We believe we can use revenue from Starlink to fund Starship," added Musk.
SpaceX has built and launched its Falcon series of Rockets more than 70 times. While the rank of the rocket is among the strongest in the world, the Musk's vision is to send people to live on Mars – which requires a larger rocket. Where Starship arrived, the huge SpaceX rocket began testing over the last few months. Starship is designed to be a fully reusable launch system, to deliver as many as 100 people at a time on-and-the-moon or Mars.
On the call, Musk clarified that SpaceX's recent fundraising rounds was "oversubscribed." He said SpaceX had enough funds to build and launch enough Starlink satellites to start using the network.
"At this point it looks like we have enough capital to get to a level of operation," Musk says.
The Musk shared a photo of 60 Starlink satellites on Saturdays after they were packed in the nosecone of the Falcon 9 rocket.  SpaceX "Starlink" satellite stacked inside its rocket nosecone before launching.
@ElonMusk on Twitter