SpaceX Raises Prices Amid Rising Commodity Markets

For example, the base monthly cost of Starlink services will increase by 11 percent to $110 from $99 a month as of May 21. The cost of Starlink equipment will increase 10 percent to $549.

SpaceX Raises Prices Amid Rising Commodity Markets
Photo by ANIRUDH / Unsplash

SpaceX is raising prices on its products and services, including rocket launches and Starlink satellite internet. The company cites "excessive levels of inflation." SpaceX may also adjust contracts already paid for with fulfillment in 2023.

For example, the base monthly cost of Starlink services will increase by 11 percent to $110 from $99 a month as of May 21. The cost of Starlink equipment will increase 10 percent to $549.

SpaceX also raised prices on its launch business, and the increase applied to everything from "bulk" orders to launching small satellites into orbit. Thus, the cost of launching a Falcon 9 or Falcon Heavy will increase by 8%.