Starlink raises its price even more: satellite Internet far from being for everyone

It is not uncommon for Elon Musk to make headlines for developing innovative technologies. SpaceX figures as one of the companies offering the most space solutions in recent times. Starlink is the satellite network developed by SpaceX. As recent milestones the company has helped maintain Ukraine’s Internet connectivity by offering them support.

Starlink’s goal is to offer Internet worldwide at speeds of up to 1 Gbps with a latency of 25 ms. To connect, it is necessary to install a receiver on the roof that follows the satellite network in the sky to provide the best coverage at all times. An excellent solution for isolated areas with poor service by traditional means that now also suffers an increase in price. Due to the continuous inflation, SpaceX has raised the price of its satellite Internet to be quite far from being accessible to all.

The reason for the price hike: inflation

SpaceX informed users yesterday that due to ongoing inflation the prices of Starlink packages are going to suffer an increase in cost. The company has begun contacting its customers via email alerting them to the increase, an increase that affects all aspects of the service and will take effect in the near future. The message reads as follows:

“Due to excessive levels of inflation, the price of the Starlink kit will increase from $499 to $549 for deposit holders and $599 for all new orders, effective today. In addition, the price of the Starlink monthly service will increase from $99 to $110. The new price will apply to your subscription on 11/05/2022. The sole purpose of these adjustments is to keep pace with rising inflation. If you do not wish to continue your service, you may cancel at any time and return your Starlink hardware within your first year of service for a partial refund of $200. If you have received your Starlink within the last 30 days, you can return it for a full refund. Since launching our public beta service in October 2020, the Starlink team has tripled the number of satellites in orbit […] Going forward, users can expect Starlink to maintain its cadence of continuous network improvements as well as the addition of new features.”

SpaceX blames this decision on ongoing inflation, not at all pleasant news for all of mogul Elon Musk’s satellite Internet users. Those who decide to unsubscribe because of this increase in the service, will get a partial refund of the 200 dollars initially deposited.

Therefore, the equipment of the world’s most advanced broadband Internet system goes from costing $499 to $639, to which must be added shipping and handling for $60 and $110 of basic service per month. As can be seen, Starlink is not for everyone.

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