Starlink just unveiled a $40/month unlimited data plan - but there are a few catches

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ZDNET's key takeaways

• Starlink unveils a new $40-per-month plan.
• This plan is capped at 100 Mbps download speeds, but offers unlimited data.
• If availability improves, it could lure customers away from terrestrial broadband.

Starlink has been a great option for those who can't get access to fast, reliable broadband, and prices have been quite competitive considering that you're using a space-based infrastructure. But a new plan from SpaceX, revealed earlier this month, pulls the price down dramatically.

So what's the catch?

Also: This crucial Starlink update will determine whether your old dish still works after Nov. 17

The new plan, called Residential 100Mbps is priced at $40 a month, which is substantially less than the cost of SpaceX's existing Residential and Residential Lite plans, which cost $120 and $80 per month, respectively. The Residential ...