Sources say the two companies are actively working to expand the global network of compact data centers that form the backbone of Starlink. This strategic expansion is expected to significantly increase the available bandwidth for Starlink’s growing satellite internet user base.

In response to the news, the market value of Cloudflare shares rose significantly, and shares rose 7.2% after the announcement.

Starlink seeks growth opportunities

The innovative Starlink network is based on a constellation of modern telecommunications satellites efficiently launched into orbit by SpaceX. SpaceX’s efforts are in line with a broader industry trend of using satellite networks to provide broadband Internet access. It is worth noting that other big players such as Amazon and OneWeb are also competing to maintain their presence in this rapidly growing industry.

Despite the importance of this collaboration, official representatives of both SpaceX and Cloudflare prefer to remain silent, refraining from revealing any details of their partnership. As events continue to evolve, the industry and Starlink user community look forward to seeing the tangible results of this collaborative effort.