this post was submitted on 18 Sep 2024
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Microblog Memes

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[–] [email protected] 8 points 3 months ago (4 children)

And those people are famously wealthy.

[–] [email protected] 8 points 3 months ago* (last edited 3 months ago) (1 children)

Yes, RV travelers, cruise lines, multiple militaries.

[–] [email protected] -1 points 3 months ago

not exactly my friend.

[–] [email protected] 4 points 3 months ago

Its their data thats worth money. Now its collectable.

[–] [email protected] 2 points 3 months ago (1 children)

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

[–] [email protected] 5 points 3 months ago (1 children)

And they're running at a loss.

[–] [email protected] 2 points 3 months ago (1 children)

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

[–] [email protected] 1 points 3 months ago

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

[–] [email protected] 1 points 3 months ago (1 children)

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.

[–] [email protected] 4 points 3 months 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.