India, June 30 -- Speaking at the Mobile World Congress in Barcelona, Elon Musk said on Tuesday that Starlink might cost anywhere between $20-$30 billion. He said that the costs depend on how fast the satcom service grows.

A High Risk, High Reward Project in Starlink

According to Musk, Starlink has "two quite significant partnerships with major country telcos". These could prove vital for Starlink, as it can then look to provide backhaul for 5G networks. He also said that before the satcom service achieves fully positive cash flow, it would need an investment of up to $10 billion. "It's a lot, basically," Musk said in a video conferencing interview at MWC 2021, Barcelona.

Musk had already mentioned that they plan to cover the world by ...