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[-] Ilovethebomb@lemm.ee 27 points 2 years ago

Their target market is people who don't have a better option, not people who already have fibre to the door.

[-] Saledovil@sh.itjust.works 8 points 2 years ago

And those people are famously wealthy.

[-] brlemworld@lemmy.world 8 points 2 years ago* (last edited 2 years ago)

Yes, RV travelers, cruise lines, multiple militaries.

[-] dubious@lemmy.world -1 points 2 years ago

not exactly my friend.

[-] Rekorse@sh.itjust.works 4 points 2 years ago

Its their data thats worth money. Now its collectable.

[-] Ilovethebomb@lemm.ee 2 points 2 years ago

Starlink is expensive, but it's not that expensive.

[-] Saledovil@sh.itjust.works 5 points 2 years ago

And they're running at a loss.

[-] jdeath@lemm.ee 2 points 2 years ago

it is looking like that flipped this year to over 200 million in profit off over 2 billion in revenue

[-] Saledovil@sh.itjust.works 1 points 2 years ago

I just checked Wikipedia, and there it also says small profit. Could be caused by how the satellites are being written off, though.

[-] dubious@lemmy.world 1 points 2 years ago

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.

[-] Saledovil@sh.itjust.works 4 points 2 years ago

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.

this post was submitted on 18 Sep 2024
1218 points (97.3% liked)

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