This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Back then, he outlined that:
The Ex Parte letter outlines that:
For those unfamiliar with the details, Starlink is heavily subsidizing its user terminals to ensure that users wishing to sign up for the service can afford the equipment. According to statements made by SpaceX chief Mr. Elon Musk in late June, it costs Starlink more than $1,000 to manufacture each terminal, and the company plans to reduce terminal manufacturing costs later this year, outlined its chief financial officer earlier this month.
According to details shared by the company, this terminal will integrate its transmitting and receiving antennas on the same plane. The integration reduces antenna size and complexity, which in turn drives down its costs.
