This should come as no surprise. Starlink is far more accessible to the average consumer.
Also, say what you will about Elon, he’d deserve it, but as a Starlink customer in rural Canada I cannot stress how life-changing this service is. Plus I get the bonus of not paying any Canadian Telcos.
An estimated 2+ million users by the end of the year is really impressive. Who knows what their breakeven point is given how much they’re launching and all the hardware investments, but $3+ billion of revenue this year has to feel good.
Starlink’s break-even point is 1000 users… they just need to finish up the sat-to-sat mesh transmission system, and sell it to high frequency trading bot owners, who will be able to run arbitrage 24/7 a few miliseconds faster than fiber-bound high frequency trading bot owners.
The early bot gets the $ billions.