Starlink quietly lost over $250,000,000 in burned satellites this summer.

https://lemmy.world/post/5248371

Starlink quietly lost over $250,000,000 in burned satellites this summer. - Lemmy.world

Not one major news outlet is covering the destruction of Starlink this summer. Though Lemmy might enjoy Elon losing more money.

Sounds like an enormous waste of resources. Why do we allow so much wealth accumulated in one person to found such stupid projects?
Then again, any area of land without access to the internet is reduced in it’s usability more and more as time progresses. Fixing that globally once and for all seems like a good idea, the organization behind it is discussable though.
Is it really cheaper to have this many satellites for a couple of home than laying a few landlines? I am really curious about the costs.
The real money in starlink is low latency stock trading. Kid you not.
Low latency? Starlink has ADSL tier latency.
It’s latency is supposed to improve with laser links.

Starlink is still in beta, it isn’t routing connections from satellite to satellite yet, which is where the low latency will come from.

Just wait for 40,000 of them being up there, and we’ll see who gets lower latency from NYSE to JPX or ASX.

Low latency? Starlink has ADSL tier latency.

What distance are we talking about for the latency? When I look up the latency info for comparisons, no one ever posts where the end point is. Without that, there is no way to make a proper statement on what kind of latency any service has.