SpaceX could earn $15 billion in revenue from Starlink and rocket launches as early as 2024
In 2023, SpaceX expects to generate about $9 billion in revenue from contract launch of Starlink rockets and services. In 2024, this figure should increase to $15 billion. This is reported by Bloomberg, citing its sources.
It is also expected that next year Starlink will bring SpaceX more revenue than rocket launches. This is due to the growing number of regions in the world where the company’s satellite communications services will be available.
According to one of the agency’s interlocutors, Starlink will provide SpaceX with more than $10 billion in sales next year.
Recently, the company’s CEO Elon Musk said that Starlink has reached breakeven. He also said that Starlink accounts for the largest share of all active satellites in orbit, with about 5,000 of them.
SpaceX is valued at about $150 billion and is one of the most valuable private companies in the world.