this post was submitted on 18 Sep 2024
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Their target market is people who don't have a better option, not people who already have fibre to the door.
And those people are famously wealthy.
Yes, RV travelers, cruise lines, multiple militaries.
not exactly my friend.
Its their data thats worth money. Now its collectable.
Starlink is expensive, but it's not that expensive.
And they're running at a loss.
it is looking like that flipped this year to over 200 million in profit off over 2 billion in revenue
I just checked Wikipedia, and there it also says small profit. Could be caused by how the satellites are being written off, though.
not exactly. many starlink users are not your grandpa in his $500k RV. it's the digital nomad in their $5k RV held together by duct tape. some of us would do anything to get away from all the bullshit of modern society, and quite frankly i think the world needs more of us.
I was being sarcastic. I simply don't believe that there's enough money to be made selling satellite internet to support replacing a large constellation of satellites every 5 years. Especially since Starlink's competitors use higher up satellites, meaning they don't have to replace their satellites as often.