Inverse has a long write up on the SpaceX Starlink program HERE, including a demonstration of how capitalism and competition work in the broadband market.
Starlink could save consumers billions, even if they don’t choose to go with SpaceX for internet. A BroadbandNow report claims such constellations could save American households up to $30 billion per year. The logic is that increased competition will drive prices down: around 104 million Americans have one wired broadband provider in their area, and prices cost around $68 per month. Around 75 million have two choices, and they pay around $59 per month. The 14 million with five or more choices pay just $47, so adding Starlink into the mix could push people into the next lower bracket as the competition increases:
Existing satellite offerings come to around $50 per month for service. If SpaceX wants to compete with other providers, a price around this area may not be unreasonable.
However, the startup cost could be between $300 and $500 for a terminal, which might put off some customers. It will interesting to see how the package is bundled.