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Starlink's Financial Triumph: Projected $6.6 Billion Revenue in 2024

SpaceX's satellite network surpasses expectations with rapid growth and significant profitability.

  • Starlink boasts nearly 6,000 satellites, serving 2.7 million subscribers across 75 countries.
  • EBITDA for Starlink projected at $3.8 billion for 2024, marking its first positive free cash flow.
  • Cost-effective satellite production and vertical integration key to SpaceX's success.
  • Expansion into enterprise and government sectors contributes to revenue surge.
  • Future launches with Starship rocket expected to enhance network capabilities.
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