Stefan Mileschin

SpaceX has revealed a new tier for its Starlink satellite internet service with higher performance but pricing that might make your eyes water, The Verge has reported. Called Starlink Premium, it offers speeds between 150 and 500Mbps with 20 to 40 milliseconds of latency, up from 50 to 250Mbps with the same latency. Upload speeds are also up, from 10 to 20Mbps on the standard plan to 20 to 40Mbps on Premium.

For a performance boost of roughly double, you'll pay five times more, however. Starlink Premium will cost $500 a month compared to $99 per month for the standard plan. You'll also pay $2,500 for the antenna and other hardware, compared to $499 for base plan, and will need to leave a $500 deposit to reserve the Premium dish.

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