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Elon Musk promises low-cost Starlink pricing to target Indian market

Quartz +1 ·

RS
RS Reliance Inc
$402.45 +1.40%
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  1. 1Elon Musk stated that Starlink will be offered at affordable prices in India to compete with Reliance Jio.
  2. 2SpaceX's second-quarter revenue increased 92% to $7.8 billion.
  3. 3Starlink's average monthly revenue per user of $66 in the second quarter may decrease as new markets expand.

So what's the key point?

Elon Musk said Starlink will be sold at lower prices in India. As new markets expand, the money earned per user could fall below $66.

Source Quartz +1 · View original ↗

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