SpaceX is spending $1,500 to make each Starlink terminal but customers will only be charged $499, its president says

SpaceX is spending $1,500 to make each Starlink terminal but customers will only be charged $499, its president says
kduffy@insider.com (Kate Duffy)
© Hannibal Hanschke-Pool/Getty Images
Elon Musk's Starlink terminal. Hannibal Hanschke-Pool/Getty Images
Each Starlink terminal used to cost SpaceX $3,000 to make. Now, they've been reduced to $1,500.
SpaceX president Gwynne Shotwell said the firm won't charge users the overall cost of the terminal.
She said the price of the terminal should fall to a few hundred dollars in the next year or two.
SpaceX president Gwynne Shotwell on Tuesday said the aerospace company has reduced the cost of each Starlink terminal from $3,000 to $1,500 each.

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