Jim Anderson praised Elon Musk‘s Starlink project engineered by SpaceX, highlighting its potential for impressive advancements due to its economic model.
What Happened: During CNBC’s “Last Call” on Thursday, Anderson pointed out that Starlink’s current technology doesn’t make it “cost competitive” with “traditional internet” and broadband services. The reason being, most of the satellites launched need to be replaced every five years, which can be an expensive process.
However, Anderson believes that if an economic model is developed that allows for the launch of new satellites every five years, it could lead to impressive advancements. “So, imagine if you've built an economic model that lets you launch new satellites every 5 years, you can do some pretty impressive things,” ...