Key Points

A internet satellite network for consumers is how CEO Elon Musk believes SpaceX can "generate revenue that can be used to develop more and more advanced rockets and spaceships," he said on Wednesday.

Starlink is SpaceX's ambitious plan to build an interconnected internet satellite network to beam high speed internet to anywhere on the planet.

"At this point it looks like we have sufficient capital to get to an operational level," Musk said of Starlink.