Elon Musk: Hopes Starlink will enter Thailand "soon"

Elon Musk: Hopes Starlink will enter Thailand "soon"

Elon Musk, the CEO of SpaceX, has expressed optimism about the potential entry of his satellite internet service, Starlink, into the Thai market. Speaking at a recent press conference, Musk hinted that Starlink could enter Thailand "soon," following its successful licensing in India [1].

Starlink, which has already secured regulatory approval in India, is expected to bring high-speed internet connectivity to remote and underserved areas in Thailand. The company's recent success in India, where it has been granted a license to operate by the Department of Telecommunications, has paved the way for its expansion into other markets [1].

Musk's comments come as Starlink continues to expand its global footprint. The company has already secured licenses in several countries, including the United States, Canada, and the United Kingdom. The Thai market, with its large population and growing demand for internet services, presents a significant opportunity for Starlink.

However, the entry of Starlink into the Thai market is not without challenges. The company will need to comply with local regulations and secure necessary authorizations from the relevant government agencies. Additionally, Starlink will face competition from established internet service providers in Thailand.

Despite these challenges, Musk's confidence in Starlink's ability to succeed in the Thai market is evident. "We are excited about the potential of the Thai market and believe that Starlink can make a significant impact," he said.

As Starlink continues to expand its global operations, investors will be closely watching the company's progress in Thailand. The success of Starlink in the Thai market could have significant implications for the company's valuation and growth prospects.

References:
[1] https://www.ndtvprofit.com/business/elon-musk-owned-starlink-receives-license-to-operate-in-india