A Wall Street Journal article reported that Elon Musk was working to provide internet via satellites, and Elon Musk, the CEO and CTO of SpaceX has confirmed when he tweeted that SpaceX is developing Micro Satellites and the official announcement will be given in the near future,
SpaceX is still in the early stages of developing advanced micro-satellites operating in large formations. Announcement in 2 to 3 months.live streaming movie Patriots Day 2016 online
— Elon Musk (@elonmusk) November 11, 2014
As mentioned earlier these internet satellites will provide low cost internet connections to people all over the world.
It is quite exciting to know that Elon Musk is involved in building the future, with his different startups such as SpaceX, and Tesla which is building state of the art electric cars.