• slazer2au
    link
    English
    95 months ago

    According to a new report by Quilty Space, the answer is yes. Quilty built a model to assess Starlink’s profitability. First, the researchers assessed revenue. The firm estimates this will grow to $6.6 billion in 2024, up from essentially zero just four years ago. In addition to rapidly growing its subscriber base of about 3 million, SpaceX has also managed to control costs. Based upon its model, therefore, Quilty estimates that Starlink’s free cash flow from the business will be about $600 million this year.