London Daily

Focus on the big picture.
Thursday, Aug 06, 2026

SpaceX begins accepting $99 preorders for its Starlink satellite internet service as Musk eyes IPO

SpaceX begins accepting $99 preorders for its Starlink satellite internet service as Musk eyes IPO

Starlink's website emphasizes that preorders are "fully refundable," but notes in fine print that "placing a deposit does not guarantee service."


Elon Musk’s SpaceX has widened the scope of the public beta test of its Starlink satellite internet service, saying it is accepting preorders from potential customers.

Prospective Starlink users can enter a service address on the company’s website, with preorders available for $99. Some regions show preorder messages that say SpaceX is “targeting coverage in your area in mid to late 2021,” while other preorders say 2022.

The service will be offered first in the U.S., Canada, and the U.K.

The company’s website emphasizes that the preorders are “fully refundable,” but notes in fine print that “placing a deposit does not guarantee service.” SpaceX also says that “orders may take 6 months or more to fulfill” depending on where users are located.

SpaceX began a public beta program of Starlink in October, with service priced at $99 a month, in addition to a $499 upfront cost to order the Starlink kit, plus shipping. The kit includes the Wi-Fi router and a user terminal, also known as a dish, to connect to the satellites.

A screenshot of the preorder page of Starlink.com on Feb. 9, 2021.


Starlink is SpaceX’s ambitious project to build an interconnected internet network with thousands of satellites, known in the space industry as a constellation, designed to deliver high-speed internet to consumers anywhere on the planet. The Federal Communications Commission two years ago approved SpaceX to launch 11,943 satellites. The company, which hopes to deploy 4,425 satellites in orbit by 2024, has launched more than 1,000 Starlink satellites and plans to build and deploy even more advanced versions of its satellites.

SpaceX disclosed in an FCC filing last week that Starlink has “over 10,000 users in the United States and abroad” in about three months since the public beta began.

Musk expects a Starlink IPO
A Starlink dish in the wild.


SpaceX’s chief executive repeated previous statements that the company plans to spin off Starlink and take it public, setting a goal for when the service would be ready for an initial public offering.

“SpaceX needs to pass through a deep chasm of negative cash flow over the next year or so to make Starlink financially viable,” Musk said in a recent tweet. “Every new satellite constellation in history has gone bankrupt. We hope to be the first that does not.”


“Once we can predict cash flow reasonably well, Starlink will IPO,” Musk said in another tweet.


 



Musk’s statements echo those of SpaceX President Gwynne Shotwell early last year. She said at the time that “Starlink is the right kind of business that we can go ahead and take public.”

If SpaceX can overcome the technological challenges of building and distributing the service, the company is optimistic on its potential demand and revenue. Musk in 2019 told reporters that Starlink could bring in revenue of $30 billion a year – or about 10 times the highest annual revenue it expects from its core rocket business.

Newsletter

Related Articles

0:00
0:00
Close
Thetford Disorder Prompts Expanded Police Powers Amid Asylum-Housing Protests
Cambridge Faces Calls for Independent Review of Jason Arday Appointment
Scotland’s ‘Cock of the North’ Woodland Is Being Felled After Wind Damage
Reform UK and Greens Unite Against Vast Solar Plans for Kent Marshland
New Zealand Draws Wealthy Americans With Revamped Investor Visa
Senate Panel Votes to Hold Anthony Fauci in Contempt After Fifth Amendment Testimony
Cambridge Professor Jason Arday Resigns as University Opens Inquiry Into His Credentials
HMRC’s 2029 Tax Shift Could Overlap Old and New Self-Assessment Bills
Manchester Power Failure Disrupts Trains Across North West Into Friday
UK Fashion and Tourism Sectors Prepare for Strong Summer and Autumn Activity
London Residents Seek Appeal Against Approval for Chinese Super-Embassy Development
UK Environment Officials Issue Biosecurity Alert Over Rising Bluetongue Cases in Livestock
UK Charity Regulator Opens Investigations Into Donations Linked to Israeli Settlements
Gatwick Expansion and Chinese Embassy Plans Highlight Growing UK Infrastructure Disputes
UK Agriculture Authorities Warn of Rising Bluetongue Virus Cases Among Sheep Farms
UK Watchdog Finds Electronic Monitoring Failures Leaving Some Offenders Without Timely Alerts
Metropolitan Police Investigate Covent Garden Knife Attack That Injured Four Men
UK Government Confirms Severe Terror Threat Level as Prevent Programme Expands
Diageo Plans Guinness Expansion While Cutting Jobs Through Global Restructuring Programme
Bank of England Keeps UK Borrowing Costs Stable While Markets Await Future Rate Cuts
Gatwick Airport Wins Approval for Second Runway Expansion After Legal Challenges Fail
Apple Challenges UK Government Over Demand for Access to Encrypted iCloud Data
London Approves First Autonomous Taxi Licences for Wayve and Uber Passenger Trials
UK Artificial Intelligence Safety Institute Finds Advanced AI Models Showing Deceptive Behaviour in Security Tests
UK Small Boat Channel Crossings Fall Forty-Three Percent as Government Highlights France Cooperation
UK Government Plans Procurement Reforms to Boost British Jobs and Domestic Steel Supply Chains
Bank of England Holds Interest Rates at Three Point Seven Percent as Inflation Stays Above Target
EY Raises UK 2026 Growth Forecast to Zero Point Nine Percent as Energy Risks Remain a Concern
UK Artificial Intelligence Regulation and Public Infrastructure Investment Remain Key Policy Focus Areas
Kemi Badenoch Faces Criticism Over Appointment of Former Neo-Nazi Linked Figure to Advisory Role
AG Barr Reports £10 Million Sales Loss After Supply Chain and Planning Failures
UK Government Fast-Tracks Specialist Care Pathways for Motor Neurone Disease Patients
UK Government Connects More Than 60,000 Rural Homes and Businesses to Gigabit Broadband
Next Raises Full-Year Profit Forecast After Strong Summer Sales
Metropolitan Police Arrest Woman After Four Men Stabbed in Central London’s Covent Garden Area
UK Procurement Reform and Infrastructure Spending Signal New Focus on Regional Economic Growth
UK Government Expands Global Talent Visa Access for International Researchers and Innovators
NHS Launches £343 Million Expansion of Community Mental Health Centres Across England
UK Treasury Explores Higher Borrowing Capacity for Infrastructure and Housing Investment
UK Cabinet Office Reforms Procurement Rules to Direct £90 Billion of Public Spending Toward Jobs and Skills
UK Government Considers Public Inquiry Into Jeffrey Epstein’s Activities and Possible Institutional Failures
Britain’s AI Safety Institute Finds Advanced Models Creating Fake Identities and Malicious Code During Tests
Lightning Strike Kills Yala FC Player During Match in Southern Thailand
Senate Scrutinises AI-Driven Personalised Pricing
Spain Seeks Mainland Transfers for 1,100 Children Stranded in Ceuta
UK Government Pushes New Procurement, Skills and Technology Policies Amid Economic Pressure
UK Charity Commission Investigates Donations Linked to Israeli Settlement Groups
UK Government Faces Pressure Over Possible Windfall Tax on Bank Profits
South East Water Provides Emergency Support After Kent Supply Disruptions
UK Defence Supports US Operation to Seize Russian-Flagged Oil Tanker in North Atlantic
×