5 ms·

700 million people paying $100USD per month? I am imagining Elon doing a Scrooge McDuck dive into his bank vault.

• awad 8y ago
  700 million people parting with $100 USD per month seems pretty high
  • XorNot 8y ago
    Think any company with remote assets it needs to monitor. Drones, backup internet etc. There's a very big market for fast internet access which just works anywhere on the planet. It would be worth a premium just to let large organisations consolidate to a single biller.
    • awad 8y ago
      Sure, I can buy the end revenue stated, just not the implication that 700 million end consumers is the way to get there.
      • vidanay 8y ago
        I was just using the 10% number posited by the OP
• apexalpha 8y ago
  Sure, there's a lot of potential customers but: a) no one pays $100 for internet. Maybe some in monopoly-internet USA have to, but literally no one else. b) most countries are poorer than the US and would definitely not have $100. c) Local providers can simply lower their prices, and SpaceX will have competition from Oneweb and possibly others.