Starlink added a million new customers in just the past month
According to a tweet by SpaceX yesterday, Starlink now has nine million active customers in 155 countries worldwide.
These numbers tell us the company is now getting more than a billion dollars per month in revenues, based on what it charges for its various plans. What make the numbers even more startling is how fast they are growing.
In a similar post from November 5, SpaceX said Starlink had 8 million customers, meaning that its customer base has expanded at a rate of more than 20,000 per day since that date.
At more than billion dollars per month, SpaceX essentially has about half the annual revenue of NASA, which it can use far more efficiently. And those numbers will only increase in the coming years, as the company opens up new markets worldwide and begins launching its upgraded Starlink satellites with Starship.
It still seems to me puzzling why, with these numbers, Musk is considering making the company public this coming summer. Though that move would bring in a gigantic amount of new investment capital from the stock sale, it would also subject the company to serious government regulation as a publicly-traded company. The Starlink revenue can only grow. Why add government interference when you can live without it?
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
According to a tweet by SpaceX yesterday, Starlink now has nine million active customers in 155 countries worldwide.
These numbers tell us the company is now getting more than a billion dollars per month in revenues, based on what it charges for its various plans. What make the numbers even more startling is how fast they are growing.
In a similar post from November 5, SpaceX said Starlink had 8 million customers, meaning that its customer base has expanded at a rate of more than 20,000 per day since that date.
At more than billion dollars per month, SpaceX essentially has about half the annual revenue of NASA, which it can use far more efficiently. And those numbers will only increase in the coming years, as the company opens up new markets worldwide and begins launching its upgraded Starlink satellites with Starship.
It still seems to me puzzling why, with these numbers, Musk is considering making the company public this coming summer. Though that move would bring in a gigantic amount of new investment capital from the stock sale, it would also subject the company to serious government regulation as a publicly-traded company. The Starlink revenue can only grow. Why add government interference when you can live without it?
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News


Totally off topic. But unlike the civilised world, in Sweden Christmas is celebrated on Christmas eve… ( Not in my apartment… It’s turkey and trimmings on the 25th!)
However, I would like to wish everyone a very happy Swedish ” God Jule “!
You go public so you can pay off the usual suspects related to people in government by allocation of friends and family stock and other tricks of the trade.
I’d like to make a comment about how cynical George’s response is, but I think he’s right.
My main gripe with the stock market is that companies only make money on the initial offering. The planned “initial bump” goes to the connected, not the general market or the company. What really torques me is that is by law. We cannot have widows and orphans buying stock on an IPO; the peons may actually get a cut of the action.
My assumption is that, if it happens at all, it will happen after Starship is caught, at least once.
I’m not fully clear on the answer to that question, either.
Now, when Eric Berger posted the link to his article offering an analysis of the “why,” Elon responded, “As usual, Eric is accurate.”
But even so, there are some lacunae in what Eric offers. So maybe his article is just a starting point. All I can assume is that given his bitterness over his experiences with Tesla as a public company, this is not a step he would take lightly.