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Preorders begin for SpaceX's satellite internet service but read the fine print
When not trying to land reusable rockets onto a launchpad, Elon Musk’s SpaceX company stays busy with other exciting projects. Tap or click here to find out how to take a SpaceX trip into space. One currently on the drawing board is to provide millions of people with high-speed internet through Starlink.
Satellites orbiting Earth will provide the connections, which SpaceX says will be 60-times closer than traditional satellites. With a shorter distance to Earth, the latency of internet connections should be lower in theory.
Who wouldn’t want to have super-fast internet with low latencies? There are several catches though, and you might want to reconsider if you are in a hurry.
You can sign up today
Head on over to the Starlink signup page if you want to put your name down as a beta tester. The system doesn’t support all locations across the world, but it’s worth a shot to see if your neighborhood will fall under the satellite’s coverage.
Beta testers can expect data speeds between 50 Mbps to 150 Mbps and latency from 20ms to 40ms in most locations. Those speeds will likely increase during testing and might even be higher in the final product.
To join the testing phase it will cost you $99. Candidates will be selected on a first-come, first-served basis. But be warned: The system isn’t stable for the most part, and Starlink said there would be brief periods of no connectivity at all.
“As we launch more satellites, install more ground stations and improve our networking software, data speed, latency and uptime will improve dramatically,” Starlink explains. The company is also aiming to have “near-global coverage of the populated world in 2021.”
Do you get internet immediately when signing up? Well… no. A satellite internet service is costly and time-consuming to set up. After you have paid the $99 to participate, you will probably be waiting a few months.
For a Starlink connection at the Komando office’s address, the company is “targeting coverage in your area in mid to late 2021.” And the $99 is just a deposit, paid on the day that you order to secure your spot.
What do you need?
The satellite hardware to receive the connection is $499 and the actual cost of the service is another $99 a month. Then there is a $50 fee for shipping and handling, and the tax is around $47.
Do you love or hate Elon Musk?
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Can we believe Elon Musk's Starlink promises?
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Elon Musk will build the best robot ever
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Robot butlers are closer now than ever before
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How Bezos, Musk, and Buffett pay no federal taxes and a bonus for anyone who owns a home
ProPublica obtained IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing. Kim sits down with her tax accountant to get the scoop. Plus, they talk about how to use your own home and special tax credits to lower your taxes.
This audio app is the talk of the town
Big names like Mark Zuckerberg and Elon Musk are joining this new audio-only social media app. It’s super exclusive, since you can only get in with an invitation from an existing user. But there are a few threats you’ve got to watch out for.