Delta Tested Elon Musks Wi-Fi. Thats Not Why SpaceX Is Worth $100 Billion. - BitcoinEthereumNews.com
KabuhayanDelta Tested Elon Musk‘s Wi-Fi. That’s Not Why SpaceX Is Worth $100 Billion.04 / 19 / 2022Balita ng Ethereum ng Bitcoin Laki ng tekston n A Delta Air Lines plane n Al Drago / Bloombergn n n Delta Air Lines nasubok SpaceX Starlink internet service for in-flight Wi-Fi. Its another milestone for the privately held space company that brought orbital launch capabilities back to U.S. soil. Most investors can‘t own a piece of Elon Musk’s space company yet. Its still privately held. Siguro balang araw. And if that day comes Starlink looks to be the most valuable piece of his space company. Airplane Wi-Fi isnt the mother lode for SpaceX though. In-flight conectivity provider n Gogo (ticker: GOGO), for reference, has a market cap of about $2.5 billion, and has the largest share of the market for U.S. plane-based Wi-Fi. Gogo management won‘t disclose exact numbers in filings and on conference calls. Companies don’t typically like to talk about high market shares. The bigger market is internet for regular subscribers. That service mayroon pa in many areas now. The terminal—to receive the signal—costs about $600 and the monthly fee is about $110. The potential for growth is largely why SpaceX is said to be worth $100 billion based on