This makes sense as Starlink is a shared network and the more users the more bandwidth contention you'll run into. It's also good to remember that even Elon Musk calls the service, "better than nothing." Which it is - if you have no access to broadband at your home or just DSL - Starlink is a fantastic solution. But if you have access to fiber or cable services - you'll get better broadband going those routes.
Where I see Starlink being really financially successful is in non-traditional connection settings. Longhaul trucks, RV's, yachts, boats of all kinds, and airlines are some applications just to name a few. Also the T-Mobile partnership is very interesting - potentially you could have cell service in North America everywhere you can see the sky.
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