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From a September 2023 article in The Verge: In a 2015 presentation to investors, the Elon Musk-founded company initially predicted that Starlink would make $12
by Zigurd 3y ago
From a September 2023 article in The Verge:
In a 2015 presentation to investors, the Elon Musk-founded company initially predicted that Starlink would make $12 billion and $7 billion in operating profit in 2022. SpaceX also projected the division would have 20 million subscribers by the end of 2022, the presentation reveals. Instead, by the end of last year, Starlink only had over 1 million active subscribers. By May 2023, the company reported it had about 1.5 million users; however, CNBC reports Hofeller stated it’s now “well over” that mark.
The same article says WSJ says 2022 revenue was $1.4 billion. It doesn't break out terminal sales from subscriptions. But, roughly, that works out to $3.6 billion gross for 2.6 million subs.
- inemesitaffia 3y ago2.7MM now