Starlink now has four million subscribers
According to SpaceX’s CEO, Gwynne Shotwell, during testimony in a hearing before the Texas state legislative committee and confirmed by a SpaceX tweet on X, Starlink now has a total of four million subscribers.
The milestone would mean that SpaceX has gained a million new customers since the end of May alone. This outpaces the company’s already impressive rate of growth: Starlink started providing beta service of its product in October 2020; it hit 1 million subscribers in December 2022, 2 million subscribers in September 2023, and 3 million in May. The constellation now comprises nearly 6,000 satellites, with service available in nearly 100 countries to individual users as well as large enterprise customers like major airlines and cruise lines.
The service is on track to generate $6.6 billion in revenue this year — an increase from roughly $1.4 billion just two years prior, according to industry research and consulting firm Quilty Space. [emphasis mine]
With $6.6 billion in yearly revenue, in two years SpaceX will get as much from its customers as it has raised in investment capital. It essentially does not need to look for more funding, as it is now earning enough to pay for both Starlink as well as the development of Starship/Superheavy. Furthermore, at this point the company no longer needs NASA’s government funds to do anything it wants to do.
Nor are these numbers the end. Yesterday it was also reported that Air France had signed up Starlink for its airplane fleet, coming after both United and Hawaiian airlines announced they were switching to Starlink as well.
No wonder the left as well as the federal bureaucracy — dominated by top-down authoritarians who love governemnt rule — are hostile to SpaceX. It no longer needs them, and that independence threatens their power.
According to SpaceX’s CEO, Gwynne Shotwell, during testimony in a hearing before the Texas state legislative committee and confirmed by a SpaceX tweet on X, Starlink now has a total of four million subscribers.
The milestone would mean that SpaceX has gained a million new customers since the end of May alone. This outpaces the company’s already impressive rate of growth: Starlink started providing beta service of its product in October 2020; it hit 1 million subscribers in December 2022, 2 million subscribers in September 2023, and 3 million in May. The constellation now comprises nearly 6,000 satellites, with service available in nearly 100 countries to individual users as well as large enterprise customers like major airlines and cruise lines.
The service is on track to generate $6.6 billion in revenue this year — an increase from roughly $1.4 billion just two years prior, according to industry research and consulting firm Quilty Space. [emphasis mine]
With $6.6 billion in yearly revenue, in two years SpaceX will get as much from its customers as it has raised in investment capital. It essentially does not need to look for more funding, as it is now earning enough to pay for both Starlink as well as the development of Starship/Superheavy. Furthermore, at this point the company no longer needs NASA’s government funds to do anything it wants to do.
Nor are these numbers the end. Yesterday it was also reported that Air France had signed up Starlink for its airplane fleet, coming after both United and Hawaiian airlines announced they were switching to Starlink as well.
No wonder the left as well as the federal bureaucracy — dominated by top-down authoritarians who love governemnt rule — are hostile to SpaceX. It no longer needs them, and that independence threatens their power.