SpaceX will try to help more people throughout the world get Internet, and they will do it from space.

Thanks to $1 billion in financing from Google and Fidelity, SpaceX plans to create a space-based Internet service.

To do this, SpaceX will launch satellites in space that will help deliver Internet to the entire world. These satellites will also help with long-distance traffic.

"It's like rebuilding the Internet in space," Elon Musk, CEO of SpaceX said.

Google has been trying to get into the global Internet world and has been testing it with Internet-enabled balloons.

Last April, Google acquired drone company Titan Aerospace. Google knows that there is still a lot of work to do, but believes that with these satellites, Internet could be made available to "millions of people."

Musk's plan is to put up low-Earth orbit satellites up into the atmosphere. He says that long-distance communicating is better done this way than through wires.

Bloomberg explains:

"By teaming up with SpaceX, Google would be seeking to gain an edge over rivals such as Facebook Inc., which is working on projects to deliver Internet service to under-served regions by building drones, satellites and lasers."

Is Musk's plan realistic though? The Wall Street Journal said there might be some challenges transmitting the signals from space back to Earth:

"One big technical and financial challenge facing the proposed venture is the cost installing ground-based antennas and computer terminals to receive the satellite signals. That issue has bedeviled some earlier Internet-via-satellite projects and threatens to complicate Google's efforts, satellite industry officials and consultants say."

If SpaceX can help create a global Internet, even the most technlogically under-served countries could soon have access to the Internet.

Is this plan feasible? Can the Internet really be given to the whole world by satellites in space? Leave us a comment below and let us know.