Money

Musk’s Starlink project hits major milestone

Published

3 years ago

August 24, 2021

ticker NEWS

Elon Musk’s Starlink project has hit a major milestone, shipping 100 thousand high-speed internet terminals to their customers

The Starlink project, which aims to provide global broadband connectivity via an array of satellites, launched in 2019.

Since then, SpaceX has launched more than 1,700 satellites and has received over half a million extra orders.

100k terminals shipped!https://t.co/Q1VvqVmJ2i
— Elon Musk (@elonmusk) August 23, 2021

Each Starlink Kit comes with a Starlink terminal, Wi-Fi router, power supply, cables, and mounting tripod

Under the project, beta services are currently operating in 11 different countries.

SpaceX confirmed that as part of the beta services, users can expect to see data speeds vary from 50Mbps to 150Mbps and latency from 20ms to 40ms in “most locations over the next several months”

The company promised the Starlink system continues to be enhanced

So if you’re thinking of jumping on the trend… you’ll need to fork out some cash from your savings with the service costing an upfront fee of $499 dollars.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending