Tag: spacex-starlink
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Starlink profit growing rapidly as it faces a moment of promise and peril
Two new independent estimates of revenue from SpaceX’s Starlink Internet service suggest it is rapidly growing, having nearly tripled in just two years. An updated projection from the analysts at Quilty Space estimates that the service produced $7.8 billion in revenue in 2024, with about 60 percent of that coming from consumers who subscribe to…