Starlink has introduced a new monthly plan in the U.S. in a bid to lower the cost of satellite internet access and appeal to a wider range of customers.
What Happened: The newly introduced residential lite monthly plan is priced at $80, lower than the residential plan priced at $120 per month.
The residential lite plan will give you a lower network speed of 50-100 Mbps as compared to 150-200 Mbps for the $120 plan. The low-cost plan, however, is only available in select areas, unlike the residential plan which is available across the country.
Don't Miss:
- ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.
- Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.
“Users on Residential Lite plan are prioritized behind Residential and will see slower speeds during peak hours,” Starlink warns on its website. When most users are online, customers on the lite plan may experience slower speeds, it said.
The $80 plan, Starlink says, is best for low usage and smaller households. However, it is unavailable in Maine and Nebraska, among other places. The plan is for use at fixed, land-based locations in select areas, and customers on the plan can upgrade to the residential plan at any time.
See Also: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
Why It Matters: Starlink is the satellite internet segment of SpaceX connecting more than 5 million people with internet across 125 countries, territories, and other markets.
SpaceX, to date, has launched over 8000 Starlink satellites to low Earth orbit, of which over 6000 are in operational orbit, according to a study by astronomer Jonathan McDowell.
The company completed 134 launches in 2024, excluding four test flights of its Starship launch vehicle, a whopping majority of which were Starlink missions.
Read Next:
- Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!
- These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends
Photo courtesy: Shutterstock
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.