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by formvoltron 22 days ago
soooo good that they'll burn up one day and this nonsense can finally end.

investors provide infinite capital to nonsense projects so that the showman can create an endless show that will attract new nonsense capital.

sorry but already in rural morocco they have 200 mbit internet for 20 bucks a month. Yes there are some 6 wheeled vehicles roaming the planet that might really benefit from these 100k satellites. but for 99.9% of everyone else? we're good!

3 comments

"...we're good." ? It seems that you are excluding all of the actual users onboard with Starlink tech. I'm one. I had choices and Starlink was a welcome addition to the short list.

In a short time, Starlink proved to be that disruptive "invention" that changed everything. There are already millions of users. Nobody is forced to use Starlink. Yet here we are.

Whether there are investors or not, a positive cashflow and the millions of users prove that Starlink is not just valid to our society at large, but wildly so. My opinion is that it is almost as disruptive as cell phones when they became affordable.

Current number of paid subscriptions: 12 million +. So, actual users is many times that, if subscribers generally represent multiple users per account. Think "Household". And then, if one extrapolates users under institutional, municipal, state or military, the numbers are astronomically increased. Just, individuals walking around inside a Dollar General store...

curious where you live that starlink is the best option.
> for 99.9% of everyone else? we're good!

Well Starlink has 12 million subscribers, which is already more than 0.1% of the population, so clearly you are incorrect that 99.9% of people don't want it...

12 million / 8.3 billion => 0.0014 something. so.. 0.1% turns out to be correct. honestly i made the number up and accidentally nailed it
well .0014 is 40% more than 0.001, so it isn't THAT close.

Although even if we grant you your assumption about 99.9%, doesn't this show that you can still have a business if that is true? 12 million customers is a sustainable business.

Starlink was funded internally by SpaceX. What investors are you talking about?
SpaceX's money came from outside investors.
… and customers. It’s cashflow positive.
not since X.AI got folded in
Which is unrelated to Starlink?
those who buy & sell stocks & options & provide exit liquidity.
Starlink existed before SpaceX was a public company