SpaceX projected 20 million Starlink users by 2022—it ended up with 1 million::Starlink has a fraction of the projected $12B revenue and 20M users, WSJ says.
Private infrastructure owned by that megalomaniac is not good.
Although in the case of Starlink, one company is already putting enough space junk in LEO to affect astronomy research and photography. I can’t imagine if there were more than one competitor.
Yeah, I lost ALL respect for Muskrat over the past several years.
The man is working very hard to rapidly destroy every single bit of hype and goodwill he has built up in the past.
I’m not even American or in America and I’m mad he derailed the chances of the USA having high-speed rail all for this half-assed hyper-loop project. Switzerland already considered a similar project (Swiss Metro) and despite lots of experience in making tunnels and railways, it was dismissed as unfeasible.
If there was another option I’d take it. As it is though, I’m travelling around Australia and it’s freaking brilliant. Australia has zero coverage for most of the country outside of the towns and city regions. I can park up in total outback with no phone reception and get anywhere from 150 to 400 Mbps. I couldn’t do this without it, so I’ll take it, as it’s the only option
I had Starlink for over a year. They raised the price twice in that time. In addition, it would not play nice with my Uverse streaming service and I would randomly lose my sports and local channels. I live remote, but ended up switching to copper for $50/no and dumped the cable streaming. Since I don’t game, I have not noticed any difference in streaming quality on Netflix or Hulu or Prime. Paying way less than half for copper just made Starlink completely not worth it. The terminal is sitting on a chair in my office…
lol elon fall from grace has been so satisfying to watch.
“Projecting” inflated numbers. Or, just, y’know, fraud.
Anybody else read the post about Elon musk raw dogging his data center migration ?
Yeah, I’ve worked in data centers a fair amount in my day and I can’t believe they allowed Musk to do any of that to begin with. Every data center experience I’ve ever had was met with a thousand rules that were meant to keep the customer safe and I cannot believe they were authorized to do this in any fashion.
It’s not about whether they owned the equipment or not, it’s about the fact that they violated policies and procedures that were put in place to safeguard other clients and the privacy of their data. Total bullshit if you ask me and I’d be suing the data center afterwards if I was one of their primary clients for the breach of trust.
Where can I read about that?
Thank you. This is crazy. This article would work on the onion and with Musk, I don’t know what’s exaggerated and what’s real.
They’re about to lose another one. We finally got fiber run to our area, so now I have internet that doesn’t zone out every 5 - 10 minutes to find another satellite. Canceling Starlink next week. Fuck you Elon.
They haven’t done a great job of marketing it. $100-120 a month isn’t bad and it beats the pants off of all the other satellite internet services.
Maybe that’s normal in US but it’s way overpriced in UK. They want £75/mo and I’m paying £35 for 500Mb in a rural area and there’s several different providers to choose from. My sister is even more remote than me and they’re getting fibre this week.
I could also get unlimited 4G for about £20.
I don’t know anyone who is using starlink
Its priced at people who wouldn’t get anything more than a few mb in remote areas who have no other choice, rather than a direct competitor against high speed fiber or someone lucky enough to live line of sight to a 5G mast.
I have fiber at home and starlink for my RV, for travel starlink works perfectly. I have a proper 4g router and external aerial for my van and it never comes close to the speed I get from starlink. I know people who cruise on boats and it works perfectly for them as well (as long as its kept dry).
Mobile high speed internet where you struggle to get even enough mobile phone signal to make a phone call it has no real competitor at that price point. Boats in particular its transformed the market, it used to be thousands per month for high speed internet at sea with any sort of decent data allowance.
I wish the USA had the options you just posted in rural areas. We pay for broadband expansion out of our taxes and they still won’t expand. It’s sad.
This is the best summary I could come up with:
SpaceX’s Starlink division hasn’t come close to meeting customer and revenue projections that the company shared with investors before building the satellite network, according to a Wall Street Journal report published today.
SpaceX President and COO Gwynne Shotwell said in February that Starlink is expected to turn a profit this year.
"The majority of the world’s population that the business could serve and that can afford high-speed broadband lives in cities.
In those regions, Internet service is readily available, usually offers cheaper monthly costs than Starlink and doesn’t require specialized equipment."
But in public he has stated more modest ambitions for Starlink, pointing out that low-Earth orbit satellite ventures have a history of going bankrupt.
One step forward on profitability is that SpaceX says it is no longer selling Starlink user terminals at a loss.
The original article contains 654 words, the summary contains 135 words. Saved 79%. I’m a bot and I’m open source!
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I live less than an hour from Elon and ended up canceling my starlink preorder after eighteen months because I figured it was never going to come.
