News

Elon Musk’s SpaceX is working together with Cloudflare to improve the performance of their satellite internet service Starlink, according to a source familiar with the matter. Cloudflare, a provider of content delivery services, experienced a 7.2% increase in shares following this news.

Both companies are focused on expanding Starlink’s network of mini data centers across the world. This infrastructure expansion aims to provide faster network speeds to Starlink’s growing customer base. Starlink is part of a rising trend involving companies developing small satellites for satellite-based internet services. Other major players in this field include Amazon.com’s Kuiper, Britain’s OneWeb, and venture capital-backed Planet.

Financial details of the partnership between SpaceX and Cloudflare were not disclosed. At the time of reporting, there was no response from Cloudflare regarding a comment request by Reuters.

Overall, this collaboration illustrates SpaceX’s dedication to improving the capabilities and performance of its Starlink satellite internet service.

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