This is so par for the course for Elon's companies.
He will extract as much as possible, whenever possible.
Starlink unlimited aviation plan to rise from $10k/month to $20k
51–60 of 233 posts
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#52Earlier quoted context omitted.
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.
Even if invented, what is the advantage of orbit data centers?
Regulatory problems are doing the heavy lifting. Sure power is "free", if you can launch it, station keep it and cool it and if the data services are useful at the modem latencies of geosync and lunar orbits. But if datacenter projects can't be built/powered fast enough due to permitting, this is an expensive workaround.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#53It 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.
Agreed with this, and it also doesn't seem like this is the case but I'm generally a fan of charging B2B as high as possible to lower costs for regular consumers - other companies will generally pay a lot more even if it just includes the potential of getting better support, and that profit can be used to give access to more people at a lower price. A lot of open source software uses this model - free for everyone, b…
The aviation pricing will be passed to consumers either way, as increased fares or in-flight fees.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#54You don't get to be all of the USA's GDP without a buck or two more per month, you know?
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#55I 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
Presumably local telecoms would be able to sell it for cheaper? "travel esim" providers like saily are basically paying roaming rates for whatever carrier the customer is physically in, it's definitely not the cheapest price available.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#56It 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.
> Sounds like Correnti didn't negotiate well
Are you sure this is negotiable?
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#57Earlier quoted context omitted.
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.
I disagree, but not for the reason you think. They need to fund R&D to justify their high valuation. A new stock issue would decrease the valuation, and they will have a difficult time borrowing the money with their poor bond valuations. So this will (maybe) slow the bleed. Musk doesn't need to deliver to keep valuation up. We've seen him doing pretty well stringing people along indefinitely with "3 months maybe, 6 m…
It’s not an opinion it’s laid out clearly in the prospectus. Spacex is not a space company. It is a 2 trillion dollar AI company with a small launch business and a smaller ISP.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#58Note that this is for the "aviation plan" which already requires six-digits equipment.
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Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#59Note that the objection is as much to the abruptness as the scale of the price increase. Large customers sinking millions into (here aviation) assets rightly expect that their vendors respect their market lifecycles. Starlink's behavior creates a credibility gap that could drive such customers to the 2-3 upcoming competitors with poorer service and even higher costs, but perhaps more reliability as partners. I'd see…
The "upcoming" is doing a lot of work. There is not currently a viable alternative to Starlink with the same capability, speed, or latency. Amazon Leo will be the next to go online and it won't be fully operational until sometime in 2028. No one in the aviation industry will want to wait for that.
Re: Starlink unlimited aviation plan to rise from $10k/month to $20k
#60Earlier quoted context omitted.
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.
Yes, but the primary reason for Starlink is for areas with poor traditional ISPs. If you had a choice between Fiber or Starlink, you’d choose Fiber. So as traditional ISPs improve service and coverage, Starlink becomes less in demand.
Sounds like a great long-term investment.
Starlink would only make sense if the world was not getting more and more concentrated around densely populated areas.