Elon Musk

Rising global inflation has also put Elon Musk, the world’s richest man, in trouble.A statement from Elon Musk’s company, SpaceX, said rising inflation had forced Starlink services to raise prices.

According to the announcement, in the face of rapidly rising inflation around the world, SpaceX has decided to increase its monthly subscription fee for satellite internet from $99 to $110 from May 2022.

Consumers have also been notified by email about the company’s increase in subscription and Dish hardware prices.

In addition to the monthly subscription fee, SpaceX has also increased the price of dishes and other hardware connected to Starlink satellites, after which new users will have to pay an additional $100 to access Internet services.

Previously, users had to pay $499 for a new connection, but now they have to pay $599.However, customers who have already placed an order will pay $549 instead of $499.

Elon Musk said earlier this month that “recent inflation has led to a sharp rise in logistics and raw material prices, and it has become necessary to increase prices to increase the coverage and capacity of SpaceX.”

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