The visionary CEO of Tesla Motors and SpaceX who is determined to bring civilization to Mars, confirmed on Friday night his plans to use a fleet of satellites for speeding up the Internet and make it more available to an unprecedented number of people, according to media coverage at a private event in Seattle where Musk spoke.

Although the benefits are immediately foreseeable at home, Musk’s eyes are on a much bigger goal, as reported in Bloomberg. Musk intends to use the profits for building a city on Mars.

“We see it as a long-term revenue source for SpaceX to be able to fund a city on Mars,” Musk told Bloomberg.

In order to develop the new wireless network, SpaceX intends to construct and launch an estimate of 4,000 satellites which will orbit about 750 miles above Earth. He hopes that we will be technologically advanced enough by the mid 2020s to put people on Mars. Meanwhile, SpaceX intends to develop space taxis in conjunction with Boeing, which will bring American astronauts to the International Space Station, hopefully by the year 2017.

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