Yes, but:
This is a bit weird, they got a multi million contract recently. The stock is way undervalued
We all know why CNBC. You could have just posted the title.
Because the drug addled used car salesman who’s currently about to default on his Twitter loans decided to embrace his roots and started throwing up seig heils and is currently having a crack team of 4chan incels dismantle a government while he threatens the world and works to make what he’s doing here happen everywhere.
Dude is a comic book villain. Villain of the week level. No real staying power. Either he’ll go broke or die from a ketamine overdose before Xmas. And what a gift that will be. I hope it happens on video.
I’d prefer full on mental breakdown while giving us his 1 bullet point live on TV, just follow Adolfo’s guide all the way to the end
This is why I will never be rich. I never see business opportunities to buy tons of stock and act upon them.
You also need a ton of money to invest or you’re just getting pocket change.
Commission fees are less than a buck. The rules don’t change just because you have little money.
No, the problem is that 20% growth of $2000 gives you a gain of $400. 20% growth of $10,000 gives you a gain of $2000. An average Americans entire yearly income is $70,000, it’s 20% growth is $14,000.
But 20% isn’t happening every year, you are more likely to average 10%. Some years can be single digit, some can be negative, the point is this, you must begin with a very large amount of money to get real money out of the stock market. Even solidly middle class incomes aren’t going to be able to save up a years worth pay in only a few years, it would take many years, often enough to ensure the money will never be realized by anyone but by your children or grand children
invest in community run broadband instead
Yes, but the surge is for Ukraine and Europe is gearing up to defend itself. It’s easier for Ruzzia to take out community broadband than it is satellites in orbit around earth.
Sat internet is so overhyped. As it’s limited by physics cell towers will always outperform them. Simple as that.
- cities - cables and 5g
- country side - 4g and cables in high concentration areas
- middle of nowhere or war zones - low orbit sats.
This is purely a security issue not a consumer one.
Spoken like a true spoiled city person Good luck getting the necessary infrastructure built (cables, towers, et al) to really remote places. It’s probably more expensive in the long run than having a satellite constellation.
Good luck? Most of the world is already there. I had 3g in deep jungles of Thailand last weekend and even in the most remote places in China have wire these days.
The main point is that sat is limited by physics so cell towers and wire are upgrades over sat so it makes much more sense to start with better technology now as we’ll never need less connection.
Counterpoint: even an hour out from Oslo there are people relying on Starlink
And wires are not bound by physics? To run cables over such long distances you have to boost the signal at periodic distances to avoid voltage drops and noise
Idk i live in a country where we have wifi in some forests and free wifi in every large city. And we’re an ex soviet shithole.
Americans honestly think their shitty infrastructure is the best in the world.
Infrastructure can be a real problem in some places.
I’m currently on a mountain and since they upgraded to a hybrid satellite/cable system the speeds have skyrocketed. Laying cable/towers is just not viable, especially with dense rock peaks blocking line of sight.
Also I have coworkers in Nigeria who lose internet multiple times a day (and often don’t have the bandwidth for a video call) but most of them have bitten the bullet and paid the high up-front cost to get starlink at home. And now can do HD video calls with zero interruption (unless they have power issues, but that’s a whole other thing).
So I think there’s a lot of use-cases for sattelite, especially for people who aren’t considered worth the investment in non-sattelite infrastructure.
It’s just unfortunate that yeah, space junk is going to one day (suddenly) be a massive problem.
Edit: ah I may have replied to the wrong comment
