Starlink, SpaceX’s ambitious satellite internet project, has reached breakeven just four years after launching its inaugural satellites in May 2019, according to Forbes.
Starlink’s rapid ascent to financial viability is an astounding testament to the project’s vision and execution. With more than 5,000 spacecraft currently orbiting the Earth, Starlink has cultivated a formidable constellation of 12,000 satellites and has set its sights on an even more expansive goal: a constellation that could potentially grow to a staggering 42,000 satellites.
This impressive financial milestone comes alongside Starlink’s equally ambitious growth in its subscriber base. The company is on track to achieve a remarkable milestone, with plans to provide internet services to a staggering 2 million subscribers worldwide by September 2023.
Starlink’s success story is reshaping the landscape of satellite internet, providing global connectivity to underserved and remote regions and promising further expansion in the years to come. This financial milestone serves as a testament to the project’s innovative approach and its potential to revolutionize the way the world connects to the internet.