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by toomuchtodo 13 days ago
They are attempting to juice revenue across all product cohorts, this is simply another datapoint. Customers are captive until there are more connectivity options.
1 comments

“Juice?” As in they have the best product by a wide margin and are charging a totally fair price for it that reflects demand. Nobody flying private cares about the price of Starlink.

It’s worse if they are squeezing people in underserved rural areas… our monthly has gone down from €35 to €29 and still getting the same speed.

The second SpaceX offers direct-to-cell in our area we will switch to their service as we’ve never had any issues with it whereas the incumbent mobile/broadband providers regularly throttle even when we’re paying top tier prices.

Totally agree there needs to be more competition and preferably not from other billionaires … but until then, Starlink is great!

SpaceX has a monopoly on high speed satellite internet. They will extract as much as they can from customers with said monopoly until there is a competitor. Doesn't sound like we're talking past each other except perhaps you might be a fan and I am not (specifically, extractionist monopolist behavior).
Don’t think anyone except Peter Thiel and Hasbro will argue that Monopoly is a good thing. ;-)

SpaceX has made the investments/innovation to better-serve the satellite internet market that already had players in it; HughesNet, Viasat, Iridium / Globalstar. Those were the price-gouging Oligopolist incumbents who Starlink is disrupting with a 10x better service for considerably cheaper.

Totally agree that SpaceX doubling the price from $10k/month to $20k looks really bad especially if they’re doing it to existing customers.

But the way I see this (as a non-private-jet-traveler) is: Starlink is doing a “Robin Hood” and making the Rich (who can all easily afford it) pay for the expansion of the service which will benefit all the rest of customers. And if the 0.01% decide to switch to an alternative supplier, that’s good for competition. So in a way it’s anti-monopolist. ;-)