Is Starlink Profitable? Here are the numbers.

Is Starlink Profitable? Here are the numbers.

SpaceX's Starlink constellation has become a dominant force in just five years. Launched in 2019, Starlink boasts over 6,000 satellites in low-Earth orbit, making it the world's largest satellite operator by a significant margin. This ambitious project promises fast internet access globally.


But is Starlink turning a profit?

A recent report by Quilty Space suggests it is. Their analysis projects Starlink's revenue to reach $6.6 billion in 2024, a remarkable jump from practically zero just four years ago. This impressive growth is paired with controlled costs, leading to an estimated free cash flow of $600 million for Starlink this year.


Starlink IPO: $137 billion valuation, millions of subscribers, first  profitable quarter + more -


The future of Starlink and satellite internet remains to be seen. Key questions include:

  • How will Starlink's profitability impact the satellite internet market?
  • What's next for Starlink's network development?
  • Can competitors like OneWeb and Amazon's Project Kuiper challenge Starlink?
  • Can low-Earth orbit handle the growing number of satellites planned by various companies?

Stay tuned for further developments on Starlink and its role in shaping the future of internet access.


You’ve come this far…
Why not venture a little further into A.S.S. - our exclusive Australian Space Society. 

And keep thrusting Australia into the deep unknown…



Back to blog

Leave a comment

Please note, comments need to be approved before they are published.

Supporter Merchandise

1 of 4