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NotMyOldRedditName

@ NotMyOldRedditName @lemmy.world

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1523
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3 yr. ago

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • They did exactly that with the new standby mode.

    You used to be able to pause your service for free. Then they changed it to $5/m but you got unlimited 256kb/s bandwidth and the dish would always be up to date. Just before the IPO they doubled that to $10/m and removed the ability to use it while in motion.

    I'd love to see how many people dropped the service after that 2nd price jump which wouldn't have been apparent until after the IPO. Both changes happened within a year.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • I mean don't get me wrong, it's 100% pure capitalism to do something like, we can confidently service 1000 people per cell region and maintain our advertised service, but once we reach 950, we're going to charge super high fees to connect. They don't have to be doing what they're doing, but they saw a way to make money.

    Edit: And this is all assuming the congestion is even real.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • Neither of those options would support everyone living in a high density urban area, bandwidth would drop to nothing and no one would want to buy it, and people generally hate inconsistent bandwidth, or random peak hour usage charges on their bill.

    Edit: Their overall bandwidth per cell is just too low to be able to support everyone in high density areas like that.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • I would love to see solar/battery powered cell towers plopped down in the middle of nowhere with a starlink or other provider back link

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • Since the article doesnt make it clear

    This is for new or re-activating customers in a congested area.

    This isnt a random usage fee, this is for areas they claim are too busy, so you gotta pay if you want to gain access.

    Its like when you call a contractor and they quote you a stupid high number. Its often because they're too busy, but if you'll pay the stupid high number theyll do it.

    There was no world where SpaceX could support unlimited customers in a cell region.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • They already provide cell service via a different set of starlink satellites with special antenna, but its very bandwidth limited, for cellular deadzones. You can get it in many countries around the world today.

    They recently acquired more spectrum though, and with the v3 dishes will likely start to offer some sort of better sevice once they start launching.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • Those satellites are all earning profit everywhere else around the world they can service. That line to a 100 person community taking decades to be profitable is money the ISPs dont want to spend because it'll take decades.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • It isnt worth it, but at least in Canada and USA we've given the ISPs billions of dollars to service them, and they keep adding a token amount of people and saying shucks all the money is gone we couldn't do what we said, and then we give them more. Rinse and repeat.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • Rural, cellular dead zones (eg desert, mountain passes), air, ocean/seas/large lakes.

    To cover rural reliably though you end up having to be over dense areas as well, but they cant really compete in the dense areas as they'll be cheaper options, but you can make some money there since you already cover it. The area they could best compete there would be critical backup service.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • The v3 dishes will be 20x bandwidth per launch than the v2 mini.

    Even if starships 2nd stage isn't reusable, it'll still be able to launch those into orbit, albeit at a much higher cost.

  • Elon Musk Is Charging Starlink Customers Gigantic Bogus Fees Because Its Network Is Being Crushed by “High Demand”

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  • Theyre still improving bandwidth with each launch as the newer hardware goes up, they haven't approached the flat line of 1 dish comes down for 1 dish going up which would be at the 5 year mark of no improved hardware or launch capabilities.

    Once starship is operational, its 20x the bandwidth per launch, and cadence will increase so there's still tons of room to scale, and its not like those dishes wont improve either.

  • SpaceX Is Junk. That’s What the Bond Market Says

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  • They dont have any competition at the scale of what falcon 9 can do yet. Blue Origin is getting close, but they're not quite there yet.

    People are transferring contracts to falcon 9 because it works and is available.

    If Starship succeeds, they'll be leap frogging everything being built now thats meant to compete with Falcon 9.

  • SpaceX Is Junk. That’s What the Bond Market Says

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  • I'm in the same boat. For years I'd been excited to potentially own some SpaceX shares if they went public. No interest at all now due to xAI merger. I did gamble a bit of money on day 1 just because the odds of a pop were real, but i just got in and out and I was done.

  • SpaceX Is Junk. That’s What the Bond Market Says

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  • All that money figuring out how to make Falcon 9 Reusable, led to them catching super heavy on their first try and being able to reuse it though, so the benefits keep moving forward.

    That being said, they're plowing billions into making the whole rocket reuseable this time, so they will have a big hole to dig out of again if they succeed.

    Falcon 9 launches that contain starlink are also profitable because of starlink.

  • SpaceX Is Junk. That’s What the Bond Market Says

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  • I think it's in the NASDAQ 100 now, but not every retirement fund will have that. Thank god the S&P500 held out. Also, the S&P didn't change their rules and being big isn't enough to get in, they also gotta be profitable for a period of time, so 1 year isn't a guarantee.

    Edit: My bad, Nasdaq is July 6th, so tomorrow. So it'll probably pump a little temporarily until insiders can sell.

  • SpaceX Is Junk. That’s What the Bond Market Says

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  • The IPO was 135, opened at 150 and closed on day 1 at 160.95 (but went up to about 175 briefly), closed day 2 at 192, then 201, and then it started coming back down.

    So if you bought in on day 1 or on day 6 onwards, you're probably doing fine, but anyone on day 2-5 and they're hurting.

    Everyone will probably be under by the time the insiders can start selling shares though.

    Edit: Nasdaq 100 adds it tomorrow, so there might still be another pump until the insiders sell.

  • Data centers emitting more CO2 than thought: study

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  • someone had to push it and start recycling new wire to keep the pizzas flowing

    ffs, someone always has to ruin a good thing.

  • Data centers emitting more CO2 than thought: study

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  • That seems like the perfect department slush fund. Free cookies every friday! Bigger christmas party!

  • Data centers emitting more CO2 than thought: study

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  • The amount of waste out there like this is tragic. I could understand destroying hard drives, but the rest of the hardware?