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188 points zfg | 1 comments | | HN request time: 0.001s | source
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snapcaster ◴[] No.43470829[source]
This is so weird, did he miscalculate how intense the backlash would be? or he truly doesn't care?
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RandomBacon ◴[] No.43470879[source]
I'm guessing it's a sacrifice he's willing to make towards his goal, especially since he has other ventures such as SpaceX which if I had to guess has more potential value than an electric car company when there are a bunch other car companies getting into the game. There are a lot less rocket companies with comparable experience.
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TechDebtDevin ◴[] No.43470976[source]
Soonish he will own one of the biggest ISPs in the world (Starlink). Hes going to have a consumer monopoly on cube sats and a lot of the worlds bandwidth in places that dont have other options (much of the world). I thibk Tesla eas just a scam or means to an end to acconplish his other goals.. One app for everything/mega corp or whatever.
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rsynnott ◴[] No.43471300[source]
In what sense is it one of the largest ISPs in the world? It would appear to have revenue of about 8bn, which would put it towards the bottom of the top 50 telecoms.
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1. TechDebtDevin ◴[] No.43472822[source]
Well they came into the top 50 in 5 years with half their infra in space. They claim their v2 sats will increase network capacity 10x (who knows if this is true) but they are moving with extreme velocity. They are also insuring their own regulatory moat via the Trump administration, they have no real competition in the constellation space, all this combined with Elon having an extereme ambition to control the levers of society... I dont think my predictions is unwarranted, however, we will see.