This may be Elon Musk's most terrible money-making machine
When officially operating, the system will lose the balance of the global network economy.
Based on what network research professor Mark Handley wrote in a new report, SpaceX's Internet Starlink satellite is capable of imbalance both the global network economy and the existing network infrastructure. . Just one-third of the 4,425 figure - the amount of SpaceX satellites desired to be in orbit - is something that could have happened.
Starlink satellite test.
Not yet. Professor Handley also suspected that such an Internet would soon become "a money printer" thanks to the benefits it brings. Faster speeds, even a few milliseconds, make a difference in the economy. It is also possible to compare with a gaming network, anyone with a lower ping, that person will have an advantage.
Summary of the whole idea of Professor Mark Handley's report:
Professor has created a Starlink emulator, based on published SpaceX information. The system will establish long-distance connections very quickly, sending messages will take place in a short period of time. This is paramount to banks or similar companies who always want the fastest information updates.
They pay a lot of money to build their own networks to ensure the speed of communication. So with only SpaceX's first 1,600 satellites coming up, SpaceX's income will be huge.
HFT becomes an indispensable thing in an era where things change in a flash.
In modern times, we have the technology called High-Frequency Trading (HFT) , which uses algorithms to exchange information in just a few milliseconds. Every industry can benefit from HFT, because in digital age, information is power. From being an advantage of separate industries, HFT becomes an indispensable thing in an era where things change in a flash.
As well as rail, electricity and the Internet, HTF has become part of the global infrastructure. Companies either follow technological steps, or die. With the arrival of Starlink (or any company that provides ultra-high speed Internet services later), imbalances will occur between those with and without Starlink.
And if that happens, top businesses are willing to spend the mountain of money to gain an advantage. Obviously people want short cuts to go to the front lines, but no one expects to play a fair game. According to Professor Mark Handley's calculations, only 37% of the total number of 4,425 satellites are expected to establish the first connections, the market balance will tilt to one side.
In order to get huge numbers, change the world structure, SpaceX must also put in huge efforts. In addition to worrying about placing extraterrestrial satellites - where there is a lot of cosmic waste floating, they also have to worry about satellite production. The figure of 4,425 is not small. After production, SpaceX had to launch the satellite.
But looking back and looking at the big tech guys we know, SpaceX is the most capable person to be able to do all these things.
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