Starlink, the ambitious satellite internet venture by SpaceX, has reached a significant milestone by breaking even, just four years after launching its first satellites in May 2019, according to Forbes.
This remarkable accomplishment comes on the heels of Starlink’s relentless expansion, with over 5,000 spacecraft currently populating Earth’s orbit. The constellation has grown to encompass 12,000 satellites, and the company is eyeing the potential to scale up to an astonishing 42,000 satellites in the future.
As Starlink continues its trajectory into the digital stratosphere, the company is on track to achieve another remarkable milestone. By September 2023, Starlink is poised to connect a global community of 2 million subscribers to its satellite internet services, marking a pivotal moment in the quest to bring high-speed connectivity to even the most remote corners of the world.
The breakeven point represents not only a financial accomplishment but also a testament to the transformative power of innovative space technology. Starlink’s ever-expanding satellite network is not only reshaping the telecommunications landscape but also bridging the digital divide by providing internet access to underserved and remote areas.
With its sights set on further growth, Starlink is undoubtedly at the forefront of revolutionizing global internet access, ushering in an era of connectivity that was once thought impossible.