Comment by gunapologist99
8 hours ago
> future potential
Starlink doesn't qualify? Because that's a practically unbelievable track record. It's easy to say it's obvious, but it was only obvious in hindsight (or perhaps to Elon, but I think the reason that it was successful was actually more about him just being relentless)
I'm not an Elon acolyte, but as with his other enterprises (SpaceX, Tesla), he succeeded where others (Irridium etc) repeatedly failed.
It's really hard to argue that he got lucky when he keeps pulling these really extremely high capex and hard-tech and business successes off so cleanly, especially when you see the entrenched opposition (govt, politics, competitors) that's been arrayed against him.
https://www.ookla.com/articles/ireland-national-broadband-pl...
> The pattern is unambiguous. In townlands still unserved by mid-2026, LEO provider Starlink has grown relentlessly and now accounts for 14.3% of fixed samples, approaching one in seven. In townlands where fiber arrived in 2021 and 2022, Starlink’s share has remained below 2% for five years, with no growth despite the same marketing, pricing, and availability.
(The context is that Ireland has spent the last six years building a fibre network for every rural premises in the country, which is now almost done; it will be complete late this year or early next.)
The problem for Starlink is, it works okay as a business model... Until fibre arrives. Then it's dead. So, long-term, Starlink's market is, essentially, countries which are too poor to do a rural fibre rollout (and bear in mind that it has become much cheaper to do so). Like, what's the bull case for Starlink? In a decade, you've got to assume that areas unserved by fibre won't really be a thing in the developed world.
Nah, a friend's fiber bill just went from $50 to $100 per month. He is switching to Starlink.
There are plenty of places in the developed world where it just doesn't make financial sense to roll out fibre. In NZ about 90% of the country has fibre access... probably that number will creep a bit higher. But I doubt it'll ever reach 100%.
Whether or not Starlink can build a business on selling broadband to <10% of the developed world I don't know.