Residential Starlink Prices Are Adjusted Based On Capacity For Spacex Customers

SpaceX, Elon Musk's firm, has rolled out a new set of prices for residential Starlink customers based on the company's capacity to deliver service, according to emails to customers reviewed by Trade Algo.

‍

On Tuesday, the company announced a change that divided residential satellite internet users into "limited capacity" and "excess capacity" zones. For users in areas with limited capacity, prices will rise by $10 per month, to $120, whereas for those who live in areas with excess capacity, prices will decrease by $20 a month, to $90. It is expected that the new pricing will take effect on April 24th.

‍

It has also been announced that the company has made changes to the pricing for its RV customers, increasing the price of the service to $150 a month and $15.

‍

This is the second time that SpaceX has raised prices across the board for its products and services in the past year, citing “excessive levels of inflation.”

‍

SpaceX is continuing to expand its Starlink network through regular satellite launches, with nearly 4,000 satellites being launched so far. In December, the company announced that it had reached one million subscribers and that it was steadily expanding its offering of products, with services being offered to residential, business, RV, maritime, and aviation customers.

‍

Earlier this month, SpaceX's leadership announced that Starlink had a positive cash flow quarter in 2022, as part of its ongoing efforts to make the business profitable and sustainable.

‍