Elon Musk, CEO of rocket spaceflight company SpaceX, officially confirmed reports that he is looking to achieve worldwide Internet access via hundreds of small satellites.

Musk's SpaceX was speculated to lead the program, which will consist of as many as 700 satellites launched to orbit Earth, but wasn't confirmed until a recent post via Twitter from Musk mentioning a big reveal coming in two to three months.

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"SpaceX is still in the early stages of developing advanced micro-satellites operating in large formations. Announcement in 2 to 3 months," Musk said.

When asked whether his Tweet had anything to do with providing free unfettered worldwide Internet access, Musk replied, "Unfettered certainly and at very low cost."

According to a report from The Wall Street Journal, Musk's plan is to launch at least 700 satellites each weighing less than 250 pounds to orbit Earth. The only problem with that is in order to achieve these weight requirements, each satellite would have to be half the size of the smallest commercial satellite currently in use.

Musk will reportedly team up with WorldVu Satellites founder Greg Wyler to find a way to manufacture all the satellites. The two are still looking for partners in the industry and are even scouting areas in Florida and Colorado for potential manufacturers.

The biggest reason for Musk taking in Wyler is because WorldVu Satellites control a big portion of radio spectrum. The main goal for Musk in this project is to use the radio spectrum to send down Internet access across the planet.

Google and Facebook are attempting to do just that, except by using pilotless aircrafts roaming the skies instead of satellites orbiting the Earth.

The plan should be enticing to many, as the supply of 700 satellites would be nearly 10 times larger than anything operated by Iridium Communications, which is currently the world's leading satellite company, according to CNET.

TagsElon Musk, Spaceflight company SpaceX, Worldwide Internet Access, Satellites, WorldVu Satellites founder Greg Wyler, Communications