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.

[–] threelonmusketeers 2 points 7 months ago

Sounds promising! I think booster reuse definitely must help to keep costs down.

[–] [email protected] 3 points 7 months ago

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.

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