August 25, 2021: -On Monday, Elon Musk said that his aerospace venture, SpaceX shipped 100,000 Starlink terminals so far and now serves 14 countries with license applications pending in others.
The tweets imply that Starlink adds 10,000 subscribers in about three weeks. In July, the company said it had nearly 90,000 users of its internet service, reported by CNBC.
Starlink is an initiative of SpaceX to make a network of tens of thousands of satellites, familiar in the space industry as a constellation, to deliver high-speed internet to customers anywhere on the Earth.
SpaceX rolled out its Starlink beta internet service by 2020 with a program that permits some customers to try it for $99 per month, not including up-front costs for shipping, taxes, installation, and equipment such as roof mounts to hold the terminals in place.
A Starlink Kit has included a satellite antenna dish, a stand, a power supply, and a WiFi router.
More recently, SpaceX has indicated that it is planning to expand the service to work for in-flight internet or on moving ships and trucks.
SpaceX President and COO Gwynne Shotwell announced in February 2020 that the company would likely spin off its Starlink satellite business and may have an IPO for the unit in the coming years.
The initiative has been a capital-intensive one for SpaceX already. In 2018, Shotwell predicted it would cost SpaceX about $10 billion or more to build the Starlink network.
Last week, federal filings revealed that SpaceX intends to use its Starship rocket as a primary vehicle to deliver its Starlink Gen2 satellites to orbit. SpaceX has already launched 1,740 satellites as part of Starlink and aims for its Gen2 Starlink system to add around 30,000 internet satellites.
© THE CEO PUBLICATION 2021 | All rights reserved. Terms and condition | Privacy and Policy