SpaceX Elon Musk's SpaceX has received more than 500,000 orders so far for the satellite internet service it's rolling out, the company announced Tuesday. Starlink is the company's capital-intensive project to build an interconnected internet network with thousands of satellites, designed to deliver high-speed internet to consumers anywhere on the planet. The company began accepting $99 preorders for Starlink in early February, although SpaceX emphasized that the preorders are "fully refundable." Elon Musk's SpaceX has received more than 500,000 orders so far for the satellite internet service it's rolling out, the company announced on Tuesday. Stream Los Angeles News for free, 24/7, wherever you are. WATCH HERE "To date, over half a million people have placed an order or put down a deposit for Starlink," SpaceX operations engineer Siva Bharadvaj said during the launch webcast of its 26th Starlink mission. Get top local stories in Southern California delivered to you every morning with NBC LA's News Headlines newsletter. SIGN UP Starlink is the company's capital-intensive project to build an interconnected internet network with thousands of satellites — known in the space industry as a constellation — designed to deliver high-speed internet to consumers anywhere on the planet. It's also now the world's largest satellite constellation, with more than 1,500 Starlink satellites launched to orbit to date. SpaceX in October began a public beta program for Starlink, with service priced at $99 a month. That's in addition to a $499 upfront cost to order the Starlink Kit, which includes a user terminal and Wi-Fi router to connect to the satellites. Money Report