Elon Musk’s SpaceX has increased price for its satellite launch and Starlink internet services thanks to rising inflation, according to media reports.

The company advised customers of its Starlink service March 22 of a price increase for both the service itself as well as the terminal.

The purpose of these adjustments is to keep pace with rising inflation, SpaceX wrote in an email to existing customers.

The cost of the service increased 11 percent to $110 from $99 in the US.

The price of terminal for those who had already paid a deposit will be increased to $549 from $499 in the US.

The price of terminal for new customers will be increased by 20 percent to $599.

Starlink customers in other countries have reported getting similar notices of price increases.

The company is now charging $1.1 million to deliver 440 pounds (200 kg) of rideshare payload to sun-synchronous orbit and $2,500 for each additional pound beyond that ($5,500 for each additional kg).

The previous rideshare prices were $1 million for 200 kg and $5,000 for each additional kg.

The starting prices for a Falcon 9 or Falcon Heavy rocket will each increase by about 8 percent. A Falcon 9 launch will cost $67 million, up from $62 million, and a Falcon Heavy launch will now run $97 million.