SpaceX is Killing It

I continue to be beyond impressed

SpaceX announced today that they were putting a halt on new Starlink customers in several cities in the US including Austin, Portland, and Seattle. Considering that Starlink as an idea would have been called insane a decade ago and was even widely panned when launches started goes to show how world changing ideas are frequently derided. Starlink now has over 6,000 satellites meticulously placed into space by hundreds of Falcon 9 launches. As of today, they have 5,000,000 active customers worldwide, with over 1 million added in the last four months alone. Conservatively, Starlink will provide $5 billion in cash flow to SpaceX this year and significantly more moving forward.

Now consider for a second that there is little to no cost to provide the service once the satellites are in space. All that cash flow can go directly into SpaceX’s other activities.

And then we have Starship. What a beast. It’s amazing that just over a month ago was the last launch of the largest rocket in the world where it successfully landed. The pace at which SpaceX continues to drive technology forward is absolutely amazing.

SpaceX’s COO said to expect over 400 launches of Starship in the next 4 years. We are just getting started.