this post was submitted on 18 Sep 2024
1215 points (97.4% liked)
Microblog Memes
6036 readers
2146 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They won't be able to price landline based connections out as long as they have to replace their satellites every 5 years. I wouldn't be surprised if they're running at a loss currently.
I'm pretty sure they ran the numbers for potential profits and determined it's a goldmine - in the long run. Maybe they'll need to increase the lifespan of satellites. Their internal launch costs are pretty low already. Amazon wants to build it's own constellation and is building new glen partially because they can't get launch slots from SpaceX. I'm sure you can find some numbers to do some napkin math.
Theoretically they can serve the whole world with internet without requiring only minimal land based infrastructure. That is a gigantic market they can reach. And incredibly power to wield for such a psycho.
Another strange case is high-frequency trading on stock exchanges - because light is faster in the vacuum of space compared to fiberglass they can trade on the stock exchanges around the world like nobody else can. Not sure how much money that makes.