With SpaceX IPO coming soon, Starlink crossed 10 million subscribers and $12 billion in revenue. So why is Starlink average revenue per user is down 18%?
Alex and Speedify engineers discuss why:
- Starlink makes 3,000 times more from an airline than a home user,
- many Starlink enterprise and Starlink roam users are getting multiple Starlink dishes,
- emerging markets are essentially free to add once satellites are paid off,
- Amazon LEO is forcing Starlink’s hand on pricing.
70% of Speedify’s Starlink users run a second connection, and 11% now run 2 or more Starlinks.
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