this post was submitted on 30 Apr 2024
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SpaceX also has Starlink. I don't know how it's doing financially, but I do know it's quite popular in places where wired internet isn't available, and for people who are mobile. I've even seen pictures of cruise ships using it for internet access.
True, I forgot that, however, that last time any actual SpaceX/Starlink finance news came out it was Elon emailing SpaceX employees saying that if they did not launch some huge number of Starlink sats within like a quarter or something, that SpaceX would literally go bankrupt.
Since then, Starlink receivers have had a massive amount of design flaws reported on, had to issue out new receivers, which customers were made to pay for IIRC, and raised their subscription fees.
The service does at least seem to work, though not as originally advertised.
Oh also the whole, "sure Ukraine Mil can use Starlink, er uh well actually they need to pay for it and oh well now Im gonna shut it all off right before a planned offensive because I'm becoming more and more of a MAGA dingbat by the minute" bullshit from Elon.