this post was submitted on 12 Jun 2024
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SpaceX
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This is the best summary I could come up with:
SpaceX began launching operational Starlink satellites five years ago this month.
SpaceX has now launched about 6,000 satellites with its Falcon 9 rocket and has delivered on its promise to provide fast Internet around the world.
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.
Are there credible competitors to Starlink in OneWeb, Amazon's Project Kuiper, or other planned megaconstellations?
During these discussions, reporters and editors at Ars Technica speak with industry leaders about the most important technology and science news of the day.
The original article contains 322 words, the summary contains 116 words. Saved 64%. I'm a bot and I'm open source!