Elon Musk's SpaceX Sees Starlink Black Market Trade Grow Worldwide
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The article discusses the growth of the black market trade of SpaceX's Starlink satellite internet service worldwide. It highlights the increasing demand for affordable and reliable internet access in remote areas and the challenges faced by SpaceX in meeting this demand. The article mentions that the black market trade involves the unauthorized sale of Starlink kits and services, which are in high demand due to their superior performance compared to traditional satellite internet. It also mentions that the black market trade is driven by the limited availability of Starlink in certain regions and the long waiting list for official subscriptions. The article provides examples of countries where the black market trade is thriving, such as India, where the high cost of official subscriptions has led to a significant demand for unauthorized Starlink services. It also mentions that SpaceX is taking measures to combat the black market trade, including cracking down on unauthorized resellers and expanding its official coverage. The article concludes by highlighting the potential impact of the black market trade on SpaceX's business model and the need for regulatory measures to address the issue.



https://www.bloomberg.com/news/features/2024-03-25/elon-musk-s-spacex-sees-starlink-black-market-trade-grow-worldwide?sref=gFy8Zov9