SpaceX: Our Satellite Internet Can Now Hit Over 100Mbps in Download Speeds

SpaceX’s satellite internet service is starting to deliver 100Mbps download speeds to early test users on planet Earth.  

SpaceX reported the result on Thursday as the company launched another 60 satellites into orbit to power its upcoming Starlink service, which is designed to eventually offer 1Gbps download speeds.  

“In initial tests of Starlink, the team has been collecting latency data and performing standard speed tests of the system,” SpaceX tweeted after the successful launch. “Results from these tests have shown super low latency and download speeds greater than 100 mbps—fast enough to stream multiple HD movies at once and still have bandwidth to spare.”

Source: PCMag.com

Bezos, Musk, Zuckerberg and Gates lose a collective $25 billion in net worth after tech stocks fall

The nation’s richest Big Tech executives lost a collective $25 billion to their net worth after Thursday’s market sell-off, according to data compiled by CNBC’s Robert Frank.

Here’s the scorecard:

• Amazon stock closed down 4.63%, taking $9 billion off CEO Jeff Bezos’s net worth.
• Tesla chief Elon Musk also lost $9 billion, after its stock slipped 9.02%.
• Facebook’s CEO Mark Zuckerberg saw its stock drop 3.76%, taking $4 billion off of his net worth.
• Former Microsoft CEO Bill Gates’ net worth fell $3 billion after a 6.19% stock slip. 

Source: CNBC.com