Investors are starting to pour out money whenever SpaceX does a funding round, because it is starting to look like they have a potential second major product (beyond, you know, cheap launches).Space x is funding starlink on their own.
So charges make sense because they're after every penny they can get now in order to pay for the rest of starlinks deployment.
The most exciting thing for investors is Starlink would have virtually no competition in the satellite high speed internet space for the foreseeable future. You'd basically be able to tap previous markets that had no option for high speed (rural), enhanced travel options (planes and ships immediately come to mind), and depending on price, you could potentially tap the less rural markets (although long term this would probably drive a pricing war - great for the consumer, but less so for profit margins).
If you're on Starlink and I'm on AT&T. Like how does a packet get from me to you?
Also, the Starlink satellite constellation acts as a kind of Internet itself.Like any other satellite internet. You > AT&T>> Internet at large >> SpaceX/Starlink ISP division > Starlink ground station > Starlink satellite network > my antenna > my PC. Reverse, repeat.
Also, the Starlink satellite constellation acts as a kind of Internet itself.
Classic satellite internet is Ground Station->Satellite->You, which requires a high altitude satellite which can see both the ground station and you, which gives you high latency (round trip to GEO at 36000 km altitude means a minimum of 250ms ping) and a powerful antenna (to reach the distance).
In Starlink's case (or the other attempt at competitors, like OneWeb), the satellite are in low orbit, so you
1) Have a lower ping to the satellite and require a less powerful antenna for a higher bandwidth
2) Have each satellite communicate to each other nearby, which means it routes your datapackets to the satellite nearest to "your" ground station rather than trying to see the ground station directly
3) But also requires you to switch satellites regularly as they rotate in and out of your zone of reception
The latter is why Starlink is only now becoming functional after so many launches. They finally have enough satellites in orbit that some areas on Earth have at least one in view nearly 24/24, which is why they warn that you may experience loss of connectivity: there are still gaps where you no longer have a satellite in view for a few minutes. Each additional set of satellites increase coverage density.
better than the 500-600+ stuff with those other carriers
That's just the advertised latency, too. In practice my dad gets 1500-3500ms. It makes even skype calls difficult. He and I are business partners; it drives me fucking bananas.
It's mostly like all hardware. It will either fail fast, or fail late - rarely in the middle. Given that the idea is to make lotsa cheap satellites, if you have a failure rate of 1 or 2 per launch of 60, you're good.How To Track SpaceX’s Starlink Satellites In The Sky
See the SpaceX Starlink satellite 'train' in the night sky in July 2020. Learn here all you need to know about Starlink satellites.starwalk.space
Podcast I was listening to mentioned that 3% of the satellites have failed already.