Elon Musk needs more money for his moon ride.

Citing “excessive levels of inflation,” Starlink, the satellite broadband service owned by Musk’s rocket and space tech company SpaceX, is beaming up a set of price increases.

Keeping Pace With Inflation

The cost of the service, which had been $99 in the United States, was increased to $110. The terminal, which costs $499 in the U.S., increased to $549 for those who had already paid a deposit and $599 for new customers.

“The sole purpose of these adjustments is to keep pace with rising inflation,” the company said in a statement that appeared on Twitter.


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