New York (CNN Business) The majority of SpaceX's first 60 internet-beaming satellites have now reached their final destinations in Earth's orbit. It's a largely successful step forward in the company's plans to one day deliver cheap, speedy broadband from space.

Next on SpaceX's checklist is to actually use the satellites to access the internet and test out how well the network operates. The company said Friday that it will test "latency and capacity by streaming videos and playing some high bandwidth video games."

SpaceX hopes its satellite internet project, called Starlink, will one day grow to include thousands of satellites and offer coverage all over the globe.

The company hopes that Starlink could one day bring internet access to a significant portion of the world's population who live in areas without the infrastructure for wireless or WiFi service. CEO Elon Musk has also said that it could offer a competitively priced alternative for people who may be unhappy with their current service.

Many questions about the project are still unanswered: namely, whether SpaceX can spend billions to develop the Starlink constellation and still offer attractive prices to consumers, and whether Starlink's broadband will actually be as quick and reliable as other internet services. Right now, internet is mostly delivered via wireless cell towers or cables routed to your home or office.

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