Elon Musk Says Starlink Could Generate Over $1 Trillion in Annual Revenue

Product / Tech
โดย Benzinga·US·Read original
Summary · why it matters

SpaceX CEO Elon Musk projected that Starlink could eventually generate more than $1 trillion in annual revenue, responding to venture capitalist David Friedberg's bullish assessment on the All-In podcast. Friedberg noted Starlink had 12 million subscribers after doubling its user base year over year, with connectivity revenue reaching $4.29 billion, up 66% year over year, and estimated the business could eventually achieve $40 billion in annual revenue and $30 billion in annual free cash flow. Musk said bandwidth demand will increase massively due to AI and robotics, and even if the communications market merely doubles, he expects Starlink to capture at least 25% of the market outside China, translating to more than $500 billion in annual revenue. He added it is not out of the question that Starlink could carry more than 50% of global internet traffic, potentially generating over $1 trillion annually. SpaceX president Gwynne Shotwell said Starlink Mobile is expected to begin service at the end of 2027 and could attract customers from AT&T, Verizon, and T-Mobile, while T-Mobile's CEO argued satellite connectivity will likely complement traditional cellular networks.

Impact on stocks 6

Cloud & Digital Infrastructure▼ · 4 stocks
AT&T Inc.
T
▼ NegativeCompetitionrelevance

Starlink Mobile could attract customers from AT&T, posing a competitive threat.

T-Mobile US Inc
TMUS
± MixedCompetitionrelevance

Starlink Mobile could attract T-Mobile customers, but T-Mobile's CEO argues satellite will complement cellular networks.

Space Economy▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks

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