Science
SpaceX Has Been Selling Starlink Dishes at a Huge Loss Despite $499 Price Tag – PCMag AU
The dish equipment for Starlink initially cost $3,000 to produce, SpaceX’s president tells an industry forum.
(Credit: SpaceX)
The satellite dish SpaceX has been shipping to Starlink customers is actually worth far more than the $499 it’s charging its customers.
On Tuesday, SpaceX President Gwynne Shotwell revealed at a satellite industry forum that the company has been selling the satellite dish to subscribers at a sizable loss. It initially cost the company $3,000 to produce each satellite dish, according to CNBC.
The company has since reduced the manufacturing cost to $1,500, and then down to $1,300…
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