Will Starlink Be Profitable?

Will Starlink Be Profitable?

Unsurprisingly, this venture is far from profitable. Starlink hardware costs about $1,300 for SpaceX to produce but sells for $499, meaning the company sells it at a loss. ... Musk said Starlink could make up to $30 billion in revenue per year—about 10 times the revenue of the rocket-launching side of SpaceX.

How long until Starlink is profitable?

The problem is if it actually costs more like $10 trillion to build the Mars city. At $20 billion operating income per year, it would take SpaceX about 500 years to get the money together.

Will Starlink make money?

By 2025, it could hit 6,000 satellites -- halfway to its ultimate goal of putting 12,000 Starlinks in orbit. But even after SpaceX reaches that goal, its satellite network won't be able to support nearly enough bandwidth to generate $30 billion in annual revenue.

Chloe Bennett
Author

Chloe Bennett

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.