Re:SpaceX Is Raising $500M at a $30.5B Valuation
by jononor on Tuesday December 18, 2018 @03:49PM
(#18710393)
You are estimating the average Starlink customer at 1000 USD/year? That seems significantly above average mobile and landline Internet fees, so it would seem hard to acquire 20 million customers while competing with those?
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by jononor on Tuesday December 18, 2018 @07:14PM
(#18711845)
The average cost in US for land-line Internet seems to be 66USD, and is among the highest in the world.
Source: https://howmuch.net/articles/cost-of-broadband-internet
Apparently the average phone bill is 80USD/month. Again some of the highest in the world. https://www.moneysavingpro.com/cell-phone-plans/comparing-us...
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by garmaine on Tuesday December 18, 2018 @04:00PM
(#18710512)
“Basic” cable internet where I am is $90/mo, after the initial contract runs out. That’s $1000/yr.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by awesomepeter on Tuesday December 18, 2018 @05:35PM
(#18711241)
Where I am 150MB/s fiber internet is for ~$12 a month :)
edit: what I was going for is, you can't take that number and extrapolate it to the whole world
Comcast access + tv is essentially a US only business. They have something like 26 million access subscribers and 22 million cable tv subscribers. The access business alone is good for $25-$30 billion per year in sales. They've accomplished that scale just in the US market. A bunch of medium income and developed nations still have relatively slow Internet access, including France and Australia. There are an easy ten million Starlink customers waiting just in the giant US market.
Starlink will never fund a Mars colony out of petty cash though. It'll take nearly every dollar of profit the business generates to establish a Mars colony.