Valve's Steam Machine: Pricing Set (Oof!), Preorder Lottery Open Now, Shipping Soon

From CNET: Valve will release its living room PC game console, called the Steam Machine, but it won't be cheap, thanks to the ongoing memory shortage referred to as RAMageddon, which already shot up the price of the Steam Deck. The company finally unveiled the pricing for the Steam Machine, and it's not for the faint of heart.

The Steam Machine will start at $1,049 for the 512GB version that doesn't come with a Steam Controller, according to the listing page Valve posted on Monday. Adding a controller to the package will bring the price up to $1,128. Willing to spend even more? With 2TB storage, the cost jumps up to $1,349 without a controller. The 2TB model with a Steam Controller will set you back $1,428.

If those prices don't scare you off, join the wait list by visiting the listing page and selecting the model your want by 10 a.m. PT/1 p.m. ET. on Thursday, June 25. After that time, the list will be randomized, and individuals will receive a time and date to purchase the unit, which starts on Monday, June 29.

Those on the wait list who don't get picked for the first batch of consoles will receive an invite to buy their Steam Machine whenever Valve gets a restock, similar to how the Steam Deck launch worked and the upcoming release of the Steam Controller. Valve says this way of handling the console's launch is its way of preventing scalpers from buying up all the initial stock only to resell them later. Those who don't put themselves on the wait list prior to the June 25 deadline will be added to the back of the wait list.

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