Elon Musk, the owner of the company SpaceX, prepares the fleet of small satellites to make the Internet less expensive.

Musk posted a message on his Twitter that the project of micro-satellites that will work in large formations, is still in the early stages of development, but a formal announcement can be expected in 2-3 months.

This project should be a step to make Internet less expensive, accessible and with high speed.

According to rumored will be launched around 700 small satellites with a total value between $ 1 billion.

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Space Exploration Technologies Corporation (SpaceX) is a space transport services company headquartered in Hawthorne, California. It was founded in 2002 by former PayPal entrepreneur and Tesla Motors CEO Elon Musk. SpaceX was founded with the goal of reducing space transportation costs and enabling the colonization of Mars. It has developed the Falcon 1 and Falcon 9 launch vehicles, both of which were designed from conception to eventually become reusable. SpaceX also developed the Dragon spacecraft, which are flown into orbit by the Falcon 9 launch vehicle, initially transporting cargo and later planned to carry humans to the International Space Station and other destinations.