It looks like it's becoming apparent that Elon's empire is based on a lot of impossible promises.
Starlink is probably one of them. A perfect 'business' for Musk. You can show something great - high speed internet in remote areas - and then extrapolate that - just think about the whole world etc... Faster than fibre, with V2...
Thing is, this business is probably not economically viable. It can work if not a lot of people use it - but it's maintained afloat by government money. But if 10x customers sign on, bandwidth will completely plummet and it won't be such a great service anymore.
But in the meantime, and it's quite a long time, Elon can continue to extract billions $ of taxpayers money.
Starlink is probably one of them. A perfect 'business' for Musk. You can show something great - high speed internet in remote areas - and then extrapolate that - just think about the whole world etc... Faster than fibre, with V2...
Thing is, this business is probably not economically viable. It can work if not a lot of people use it - but it's maintained afloat by government money. But if 10x customers sign on, bandwidth will completely plummet and it won't be such a great service anymore.
But in the meantime, and it's quite a long time, Elon can continue to extract billions $ of taxpayers money.