this post was submitted on 13 Dec 2023
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For an operating company that's the kiss of death. I predict Starlink will be bought by the US government and there won't be a hell of a lot of profit.
When Musk cut off Ukraine, the Pentagon informed him that they were immediately purchasing a minor controlling stake in the, currently, private company. Service to Ukraine was restored the next day.
That's how "capitalism" works apparently.
I also assume that's why NVidia did it's sudden about face and fell right in line when the generals threatened to own them the next day.
It's all just rich people getting reminded they're only rich, or alive, because the government allows them to be.
I don't know that Iridium is still working. I think it's been decommissioned. But, the US military has been looking for its replacement for years. Now, they could launch their own, or buy a network. Musk not getting RUS funds and losing a thousand satellites from orbit a year makes Starlink a prime candidate.