Starlink revenue in 2025 now projected to be $11.8 billionCapitalism in space: According to one industry market research firm, SpaceX is expected to earn $11.8 billion in revenue in 2025 from its Starlink satellite constellation, a gigantic increase from its estimate for 2024.
SpaceX’s satellite internet service Starlink is projected to reach $11.8 billion in revenue next year, driven by strong consumer demand and growing U.S. military contracts, according to a new market analysis. The forecast, released by the market research firm Quilty Space, represents a substantial increase from the estimated $7.7 billion in revenue for 2024, highlighting Starlink’s rapid growth trajectory in the satellite communications market.
The rise in revenue has been fueled by two factors, the growth in consumer subscribers to the system, and the addition of Space Force contracts that use SpaceX Starshield version of its Starlink satellites.
These numbers are quite spectacular. In the past seven years SpaceX had raised about $12 billion in private investment capital to build both its Starlink constellation and its Starship/Superheavy rocket. Starlink now produces that amount of money for the company each year.
In other words, SpaceX no longer needs NASA as a customer. It has the resources to complete development of Starship, in all its iterations, without any government help. If it wishes to funnel some of this income back into Starship and Superheavy to launch its own missions to Mars, it can.
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. from any other book seller, or direct from my ebook publisher, ebookit.
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
Capitalism in space: According to one industry market research firm, SpaceX is expected to earn $11.8 billion in revenue in 2025 from its Starlink satellite constellation, a gigantic increase from its estimate for 2024.
SpaceX’s satellite internet service Starlink is projected to reach $11.8 billion in revenue next year, driven by strong consumer demand and growing U.S. military contracts, according to a new market analysis. The forecast, released by the market research firm Quilty Space, represents a substantial increase from the estimated $7.7 billion in revenue for 2024, highlighting Starlink’s rapid growth trajectory in the satellite communications market.
The rise in revenue has been fueled by two factors, the growth in consumer subscribers to the system, and the addition of Space Force contracts that use SpaceX Starshield version of its Starlink satellites.
These numbers are quite spectacular. In the past seven years SpaceX had raised about $12 billion in private investment capital to build both its Starlink constellation and its Starship/Superheavy rocket. Starlink now produces that amount of money for the company each year.
In other words, SpaceX no longer needs NASA as a customer. It has the resources to complete development of Starship, in all its iterations, without any government help. If it wishes to funnel some of this income back into Starship and Superheavy to launch its own missions to Mars, it can.
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. from any other book seller, or direct from my ebook publisher, ebookit. 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
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