Surprise, surprise, surprise. Well, well well. The honeymoon is over. It's just so predictable.
Starlink unlimited aviation plan to rise from $10k/month to $20k
21–30 of 233 posts
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#22I’m pretty sure rest of starlink customers will get similar treatment in the future. Their potential customer base is limited and it’s only ISP that literately burns their backbone network every few years and has to replace to keep it running. On top of that, their claims it’s profitable does some heavy lifting with how to account for the cost of launching rockets. It’s extremely cool product and very useful for many…
Their potential customer base is literally everybody because they are the only ISP that can cover the entire globe. Everybody’s potential customer base is technically limited because there are only so many humans, but they have the least limited potential customer base of anything that exists.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#23Hard to not look at the crazy valuation of SpaceX and not see a correlation. At some point, something's gotta give.
Unfortunately, their valuation has almost nothing to do with starlink revenues. It’s almost entirely speculative oribital data centers that have not been invented yet. They could double their starlink revenues and it would have no impact on the valuation.
Might as well base the valuation on SpaceX getting a colony to Alpha Centauri and then billions living there and needing regular SpaceX shuttle services from Sol.
Then we could properly value the IPO in the quadrillions. (I know you know this is ridiculous. But investors clearly are riding high on the tulip mania).
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#24I’m pretty sure rest of starlink customers will get similar treatment in the future. Their potential customer base is limited and it’s only ISP that literately burns their backbone network every few years and has to replace to keep it running. On top of that, their claims it’s profitable does some heavy lifting with how to account for the cost of launching rockets. It’s extremely cool product and very useful for many…
it has already gone up in price two times since i got mine. i still happily pay for the convenience and safety of having internet on my campervan in the middle of a national forest. ¯\_(ツ)_/¯
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#25I am traveling in Europe currently and got a Saily SIM card - 5g coverage is really good and seems to be expanding fast - a small village I visited 2 years ago that had no cell coverage at all I was getting 250mbps download, faster than than the wired internet at most of the places I was visiting. This prompted me to actually look into Starlink speeds and apparently 5g is generally faster than Starlink... This made m…
Remote areas of USA (and other third world countries when it comes to the communication infrastructure) + companies that operate in remote areas (logistic, resource extraction, etc) + military are main customer base.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#26I am traveling in Europe currently and got a Saily SIM card - 5g coverage is really good and seems to be expanding fast - a small village I visited 2 years ago that had no cell coverage at all I was getting 250mbps download, faster than than the wired internet at most of the places I was visiting. This prompted me to actually look into Starlink speeds and apparently 5g is generally faster than Starlink... This made m…
Just look at the price and you see it’s for those without other alternatives
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#27Note that this is for the "aviation plan" which already requires six-digits equipment.
They are attempting to juice revenue across all product cohorts, this is simply another datapoint. Customers are captive until there are more connectivity options.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#28Gotta pay the massive coupons on SpaceX's bonds, whose yields are heading towards junk territory:
https://www.ft.com/content/3a023b95-66c3-41e1-b0ce-df752a499...
Having just flown some flights with Starlink internet connection, I really love the service, it's just amazing. But the rugpull here might actually break through the distortion field of Musk. It's really interesting to compare the reality distortion fields of Elon Musk and Steve Jobs. It took a looooooong time for Apple stock to get properly valued in the 2000s, after it was clear that they would take over consumer computing. Jobs' RDF worked amazingly well on aligning engineering towards consumer needs, and towards convincing consumers and (some) reviewers that they had created the right sort of products for the future. Elon Musk seems to have mastered RDF on investors plus consumers, and when you're chasing sky high valuations by always piling your prior failed "ideas" into your next big thing (i.e. next big gamble), it only takes a few bad gambles to bring down the entire house of cards.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#29As I write this, I'm disputing a charge from Starlink because when I activated mine, they automatically started the free trial for me, but nowhere in the receipt or on their website did they say they would switch me to the most expensive plan after the free trial was over. And they made it extremely confusing to cancel my free trial. So I ended up being charged $120 for something that I had just opened out of the box…
As a matter of personal policy I never sign up for free trials, for just this sort of reason.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#30It is an reckless business practice to not have the monthly price locked down, with strong contractual protections. Sounds like Correnti didn't negotiate well and are now finding out.