Elon Musk has insisted there is however room for “tens of billions” of satellites in the sky as SpaceX lifted a additional $337m (£250m) in new cash.

The corporation is assumed to be worth extra than $100bn, earning it a person of the world’s most useful privately owned firms. 

SpaceX, which ferries cargo and astronauts to the International Place Station, has been launching hundreds of smaller satellites into very low-degree orbit as section of its Starlink broadband online enterprise.

The fundraising emerged just after Mr Musk hit again at critics who claimed he was launching too numerous objects and that regulators were letting him to established the procedures.

China, which has been criticised alone for harmful steps in room, individually claimed there have been two in the vicinity of-misses amongst its Tiangong room station and SpaceX satellites this year.

Mr Musk, who is also main govt of electric powered automobile maker Tesla, dismissed worries about the skies getting to be much too cluttered.

“Space is just really great and satellites are extremely tiny,” he explained to the Fiscal Occasions.

“This is not some problem exactly where we’re efficiently blocking other folks in any way.”

He observed there ended up 2bn cars and trucks on the roadways globally but that each individual orbital “shell” around Earth was more substantial than the full planet’s surface area.

“That would suggest area for tens of billions of satellites,” he included. “A pair of thousand is nothing at all. It’s like ‘Hey, here’s a few of thousand of automobiles on earth’.”

His comments appear after the European Place Agency claimed regulators were failing to reply promptly enough” to Mr Musk’s steps.

Josef Aschbacher, the ESA main, mentioned: “You have a person person proudly owning half of the lively satellites in the world. De facto, he is producing the regulations.”

Following securing authorization from US regulators to launch 12,000 satellites, Starlink has correctly place much more than 1,600 into orbit to day.

This 7 days the Chinese foreign ministry identified as on the US to “act responsibly” just after the incidents amongst Tiangong station and SpaceX satellites.

Zhao Lijian, a ministry spokesman, stated the in the vicinity of-misses experienced posed a critical risk to the lives of Chinese astronauts.

Beijing alone was greatly criticised for failing to satisfy “responsible standards” before this yr just after it shed manage of particles from one particular of its rockets and enable it plunge into the Indian Ocean.

In another infamous incident 14 decades in the past, China made use of a ballistic missile to blast a weather satellite out of the sky – in what was regarded as a general public show of military may well.

Specialists at the time said the move possibly remaining “considerable room debris” in orbits applied by other satellites.