SpaceX begins accepting $99 preorders for its Starlink satellite internet service as Musk eyes IPO

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SpaceX begins accepting $99 preorders for its Starlink satellite internet service as Musk eyes IPO

Elon Musk’s SpaceX has widened the scope of the public beta test of its Starlink satellite internet service, saying it is accepting preorders from potential customers.

Prospective Starlink users can enter a service address on the company’s website, with preorders available for $99. Some regions show preorder messages that say SpaceX is “targeting coverage in your area in mid to late 2021,” while other preorders say 2022.

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The service will be offered first in the U.S., Canada, and the U.K.

The company’s website emphasizes that the preorders are “fully refundable,” but notes in fine print that “placing a deposit does not guarantee service.” SpaceX also says that “orders may take 6 months or more to fulfill” depending on where users are located.

SpaceX began a public beta program of Starlink in October, with service priced at $99 a month, in addition to a $499 upfront cost to order the Starlink kit, plus shipping. The kit includes the Wi-Fi router and a user terminal, also known as a dish, to connect to the satellites.

Starlink is SpaceX’s ambitious project to build an interconnected internet network with thousands of satellites, known in the space industry as a constellation, designed to deliver high-speed internet to consumers anywhere on the planet. The Federal Communications Commission two years ago approved SpaceX to launch 11,943 satellites. The company, which hopes to deploy 4,425 satellites in orbit by 2024, has launched more than 1,000 Starlink satellites and plans to build and deploy even more advanced versions of its satellites.

SpaceX disclosed in an FCC filing last week that Starlink has “over 10,000 users in the United States and abroad” in about three months since the public beta began…Read more>>

Source:-cnbc

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