• Ilovethebomb@lemm.ee
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    5 months ago

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

    • Saledovil
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      5 months ago

      And those people are famously wealthy.

      • Rekorse
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        5 months ago

        Its their data thats worth money. Now its collectable.

          • jdeath@lemm.ee
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            5 months ago

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

            • Saledovil
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              5 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.

      • dubious@lemmy.world
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        5 months 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
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          5 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.