It's Official. Starlink Is SpaceX's Biggest Money-Maker Now.
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If there's one thing that really jumped out at me from Payload Space's just-released report "Estimating SpaceX's 2024 Revenue," it's the sheer size of SpaceX's Starlink satellite internet business -- and its growth rate.It's been less than five years now since SpaceX first announced the opening of beta service for Starlink. Less than five years ago, this business was making $0 revenue, $0 profit. But my, what a difference five years make. According to Payload's latest estimates, five years' hard work has turned Starlink into an absolute space business giant, generating an estimated $8.2 billion in 2024 revenue, up from $4.2 billion a year ago, and growing its customer count by 100%, from 2.3 million registered users to 4.6 million in a year.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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