Will SpaceX's Starlink Kill the Cable Industry?

Rich Smith, The Motley Fool
·4-min read
Will SpaceX's Starlink Kill the Cable Industry?

Of course, cable providers such as Comcast (NASDAQ: CMCSA), Verizon (NYSE: VZ), and AT&T may take some comfort in the knowledge that they also sell internet access. Because according to the latest data from a poll conducted by Reviews.org, cable monopolies may face an even bigger threat than cord-cutting: SpaceX Starlink. As we've previously discussed, SpaceX's new "Starlink" satellite broadband internet project is up and running, rolling out beta access in the U.S. in October for $99 per month, expanding into Canada in November, and then winning an $885 million subsidy -- and 642,925 new customers -- from the FCC in December.