Better communication between financials cities could pay for SpaceX Starlink

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.

From 2013-2018 over $500 million was spent over five years on microwave connections to reduce latency between New York and Chicago.

4 thoughts on “Better communication between financials cities could pay for SpaceX Starlink”

  1. Not to spoil the party, but this will most likely raise the price of the service for all the pizza box end users.

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