SpaceX Starlink will provide the lowest latency and high 100 Gigabit per second connections. Light travels 45% faster in vacuum versus fiber optic cable. Lasers for Starlink satellites will enable fast low latency connections.
The top ten financial cities could spend $2 billion each per year for premium low latency connections. The next ten could spend $1 billion each per year. The connections would be two each of the other major financial centers.
The estimated ten billion cost of the 4425 satellites in phase 1 of the SpaceX Starlink network would be covered.
SpaceX is getting a loan for $750 million to build its Starlink satellite network and the SpaceX BFR.
A 3-millisecond decrease in one-way communication time between the Chicago and New York areas was worth about $100 million per year. Chicago is the 17th ranked financial center.
SpaceX is out with price talk on its $750m loan and it's in the L+400-425 range. w/ @KristenHaunss – https://t.co/WCFlWpEhjS
— Jonathan Schwarzberg (@theschwarzberg) November 7, 2018
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
No reason for that to be true, but it could raise their latency.
Not to spoil the party, but this will most likely raise the price of the service for all the pizza box end users.
No reason for that to be true, but it could raise their latency.
Not to spoil the party, but this will most likely raise the price of the service for all the pizza box end users.