Elon Musk and private rocket launch service SpaceX (Space Exploration Technologies), is requesting government's approval to operate a massive satellite network that would provide high-speed and global internet coverage. This is according to newly filed documents with the U.S. Federal Communications Commission.

The California-based SpaceX, owned and operated by technology entrepreneur Elon Musk, has proposed an orbiting digital communications. It has asked the U.S. government for permission to launch an internet network powered by thousands of satellites above the Earth. The project, which Musk previously said would cost at least $10 billion, was first announced in January 2015.

According to Fox news, the company plans to deploy more than 4,000 satellites to create a global, high-speed internet network. Musk estimated the project would take at least five years to complete. Google was thought to have been attracted to the Tesla deal for the potential to make internet connectivity more accessible on a global scale. This is something that a satellite-powered network would certainly play part in enabling.

These satellites are expected to orbit Earth between 1,149 and 1,324 km, each weighing 386kg and measuring 396cm x 182cm x 121cm. Having an estimated lifespan of 7 years, each satellite would suffer less interference compared to the previous communications satellites.

As reported by Wired, the company's CEO last year hinted that the project could lay the foundation for an internet service in Mars, the planet he is famously looking to colonize. Internet access would be a basic requirement for anyone who wanted to travel to the Red Planet, particularly given the high cost of such a trip. Musk believes the first flight could happen within the next decade.

Financial backers of the company include Alphabet's Google and Fidelity Investments. Together these entities have contributed $1 billion to Musk's space launch firm.

Elon Musk and SpaceX, if permitted, intends to bring "high speed, reliable and affordable broadband service" to consumers across the globe. This includes areas undeserved or currently unserved by existing networks.