Cathie Wood Showers Praise On SpaceX's Starlink For Lowered Satellite Internet Costs

ARK Invest CEO Cathie Wood drew attention to Elon Musk-led SpaceX‘s latest operational metrics on Sunday, highlighting the company’s progress in reducing satellite internet costs through its Starlink program.

ARK’s Director of Research for Autonomous Technology, Sam Korus, provided context by comparing SpaceX’s costs to traditional satellite providers. Viasat Inc‘s (NASDAQ:VSAT) “Viasat 3 was $650,000 per Gbps,” Korus noted on X, formerly Twitter.

His analysis suggests Starlink’s cost per subscriber could drop to approximately $5 when accounting for launch and satellite expenses.

This cost reduction aligns with Wright’s Law, which predicts decreasing production costs as manufacturing experience increases. The trend is particularly significant given SpaceX’s planned transition to using Starship for satellite deployment, potentially further reducing launch costs.

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The upcoming Starship test flight aims to demonstrate both payload deployment capabilities and booster recovery at the launch pad in Starbase, Texas. This development is crucial for NASA’s lunar missions and CEO Musk’s broader vision of Mars colonization.

SpaceX’s latest reported private market valuation exceeds $250 billion, with shares reportedly trading at $135 in recent tender offers, underscoring investor confidence in the company’s satellite internet strategy and broader space transportation goals.

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