SpaceX Starlink Terminal to Cost Less: Next Generation Terminals Could be Half the Price
Starlink is expecting half a million active users within the next 12 months, but Elon Musk says they are losing money manufacturing the terminals. They are working on building the terminals at half the cost, making them more accessible to customers as well.
Photo : Joan Cros/NurPhoto via Getty Images
SpaceX CEO Elon Musk mentioned that the company is losing money making the current Starlink terminals in his virtual interview at the Mobile World Congress 2021 in Barcelona, Spain. Starlink has ways to go before hitting profitability, but that s not stopping SpaceX from going full speed ahead with global coverage operations beginning in August.