Yes, but:
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Oh look, it's on sale!
This is a bit weird, they got a multi million contract recently. The stock is way undervalued
We all know why CNBC. You could have just posted the title.
Because the drug addled used car salesman who's currently about to default on his Twitter loans decided to embrace his roots and started throwing up seig heils and is currently having a crack team of 4chan incels dismantle a government while he threatens the world and works to make what he's doing here happen everywhere.
Dude is a comic book villain. Villain of the week level. No real staying power. Either he'll go broke or die from a ketamine overdose before Xmas. And what a gift that will be. I hope it happens on video.
die from a ketamine overdose
Please stop, I'm old and I can only get so excited.
I'd prefer full on mental breakdown while giving us his 1 bullet point live on TV, just follow Adolfo's guide all the way to the end
Ah, pulling a Budd Dwyer, except be actually guilty.
Sat internet is so overhyped. As it's limited by physics cell towers will always outperform them. Simple as that.
- cities - cables and 5g
- country side - 4g and cables in high concentration areas
- middle of nowhere or war zones - low orbit sats.
This is purely a security issue not a consumer one.
Spoken like a true spoiled city person Good luck getting the necessary infrastructure built (cables, towers, et al) to really remote places. It's probably more expensive in the long run than having a satellite constellation.
Good luck? Most of the world is already there. I had 3g in deep jungles of Thailand last weekend and even in the most remote places in China have wire these days.
The main point is that sat is limited by physics so cell towers and wire are upgrades over sat so it makes much more sense to start with better technology now as we'll never need less connection.
Idk i live in a country where we have wifi in some forests and free wifi in every large city. And we're an ex soviet shithole.
Americans honestly think their shitty infrastructure is the best in the world.
To be fair america is massive and a 3rd world shithole. If even russia can't pave its main highway how could a backwoods place like america have enough infrastructure to make cash obsolete?
Infrastructure can be a real problem in some places.
I'm currently on a mountain and since they upgraded to a hybrid satellite/cable system the speeds have skyrocketed. Laying cable/towers is just not viable, especially with dense rock peaks blocking line of sight.
Also I have coworkers in Nigeria who lose internet multiple times a day (and often don't have the bandwidth for a video call) but most of them have bitten the bullet and paid the high up-front cost to get starlink at home. And now can do HD video calls with zero interruption (unless they have power issues, but that's a whole other thing).
So I think there's a lot of use-cases for sattelite, especially for people who aren't considered worth the investment in non-sattelite infrastructure.
It's just unfortunate that yeah, space junk is going to one day (suddenly) be a massive problem.
Edit: ah I may have replied to the wrong comment
This is why I will never be rich. I never see business opportunities to buy tons of stock and act upon them.
You also need a ton of money to invest or you're just getting pocket change.
See you just need to have inside information. There's absolutely no way these rich assfucks aren't trading on insider info.
Even if I would see them I probably wouldn't have enough money to benefit of of them
Of course it did, While we are at it, are there any programmes that aim to clean up space junk ?
“European Starlink rival” is a bit far fetched when there’s merely rumours that they might be able to offer a similar service. But that’s the stock market for you.
They have both GEO and LEO satellites. Not on the scale of Starlink (for LEO), but they do have a network.
I am not commenting on the nature of the stock market or anything like that. Just pointing out that they do have a working network, it's not 100% speculation (like you see with crypto schemes).
invest in community run broadband instead
Yes, but the surge is for Ukraine and Europe is gearing up to defend itself. It’s easier for Ruzzia to take out community broadband than it is satellites in orbit around earth.
And it's harder to do both at once.
So much space junk….
It'll be interesting to see what the Canadian telesat LEO system will be capable of. They're supposed to be launching satellites next year and are using a higher orbit so will need much fewer satellites than starlink.
But sadly increased latency. Also don't hold your breath on Canada telecom anything, we have a history of being the worst at it.
If only I wasn't too chicken shit to start investing... I was looking at Eutelsats stocks earlier in the week. But it'd be my first steps on the market so decided against it.
Bye bye future space launches once we have full or partial Kessler syndrome.
Bye bye earth based astronomy.
But dang this tech is so much better than Hughesnet
Kessler syndrome doesn’t really apply for purely LEO satellites. They all burn up in a single digit amount of years.
It’s not something to worry about yet.
Is starlink business model like uber/airbnb? Killing the market with low prices by circumventing regulations to establish their monopoly?
No, it just vertical integration. You need to send up rockets to make money, so you make sure they never have an empty slot on them by filling it yourself. You get enough satellites up, then you have a revenue generating payload you can send up steady from then on.
Unpopular opinion: we don't need freaking internet from satellites, just get cat6 in every home and everyone is happy. I'm sure the cost would be lower then having to launch 999999.91 satellites to have similar speeds
cat 6 in every home lol. you have any idea about range of cat 6? I mean, any?
You do if you're fighting a war against Putin and the ketamine troll is threatening to turn off your internet.
There are remote areas where cable won’t reach. For example, I need surveillance on a remote farm and I would love to get internet there.
Satellites are not there for speed, but breadth
Now get rid of the home and the cable, how do you cover 99.9% of the earth? Nomads need satellite, and so do rural homes too far from an isp fiber/copper endpoint But yes, if starlink has it done, why double the satellites to do it again with a different name? Because it's easier to launch 1000 more satellites than dismantle the system that enables such feats.
Cat 6A caps out at like 330 ft. Also thats a ton of copper.
Fiber optic nonprofit utilities makes more sense in cities and in rural areas we should just subsidize cell phone data plans.
What will they launch on? Star Link is barely feasible because they can launch at cost on falcon 9.
Look up Ariane 6. It's still more costly than the Falcon 9 but who in their right mind would trust the numbers Elon is sharing? Seems like they both cost around 100million $ per launch. Elon is claming 30million per launch and that he will make it cost 2 million...