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?
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?












