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.