Starlink raises its prices
Capitalism in space: Starlink has now unveiled newer higher prices for getting its internet service, even for those who had previously put down a deposit for the service.
Originally, opting into Starlink required a $499 upfront purchase of a starter kit with all the necessary supplies, including a user terminal, or antenna, for connecting with SpaceX’s satellites. Customers would then pay a $99 monthly charge to keep the service running. Now, the new monthly price going forward will be $110. All new orders of the Starlink kit will now cost $599, and anyone who put down a deposit for the original $499 kit will have to pay $549 instead. The new monthly prices will come into effect at different times for different customers.
The price increase either indicates the lack of competition existing for those who want good internet service in the regions Starlink presently serves, or it suggests the cost of launching the system is higher than Starlink first anticipated. Either way, the higher cost gives an opportunity to others.
Capitalism in space: Starlink has now unveiled newer higher prices for getting its internet service, even for those who had previously put down a deposit for the service.
Originally, opting into Starlink required a $499 upfront purchase of a starter kit with all the necessary supplies, including a user terminal, or antenna, for connecting with SpaceX’s satellites. Customers would then pay a $99 monthly charge to keep the service running. Now, the new monthly price going forward will be $110. All new orders of the Starlink kit will now cost $599, and anyone who put down a deposit for the original $499 kit will have to pay $549 instead. The new monthly prices will come into effect at different times for different customers.
The price increase either indicates the lack of competition existing for those who want good internet service in the regions Starlink presently serves, or it suggests the cost of launching the system is higher than Starlink first anticipated. Either way, the higher cost gives an opportunity to others.