early 2018 owned by Starlink Two test satellites were launched into orbit, and in 2019 SpaceX rockets delivered the first 60 Starlink satellites to their planned orbits. Exactly five years later, SpaceX continues to build a network around our planet with more than 6,300 satellites.

although Elon Musk’s Although having SpaceX, a space company with reusable rockets, reduces costs significantly, continuously building new satellites and monitoring and keeping the network of these satellites running requires enormous investments. Nevertheless, according to research, SpaceX will only start making a profit after five years.

3 million customers, $6.6 billion in revenue

Quilt-like space According to research, Starlink has approximately 3 million subscribers worldwide. This indicates that Starlink will reach a turnover of as much as $6.6 billion by 2024. of this turnover $600 million The rest remains as profit in Starlink’s coffers.

Co-founder of Quilty Space Chris Quilty, stated that SpaceX’s efforts were not getting the value they deserved, both in terms of launch frequency and its impact on the industry. He also pointed out that SpaceX’s vertically integrated satellites reduce costs in both launch and production.

On the other hand, SpaceX is huge Starship It is said that with the introduction of these models, Starlink will launch larger and more advanced satellites so that mobile data can be used directly without the need for Starlink antennas. This will increase Starlink’s profits.