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by joshuahedlund 974 days ago
Not sure about overall prospects for successful business, but current revenue is a lot higher than I realized:

> The Wall Street Journal reports that Starlink's revenue for 2022 was $1.4 billion, up from $222 million in 2021. It is not known how much profit or loss the division made, but SpaceX President and COO Gwynne Shotwell said in February that Starlink is expected to turn a profit this year.

https://www.datacenterdynamics.com/en/news/spacexs-starlink-...

2 comments

Everyone in my neighborhood pays $120/month for it, myself included. It was an absolute game changer. Honestly I think most people in my neighborhood would pay even more for it. It's so much better than the options it replaced. I don't think many people understand how frustrating it is to live in a slightly rural area without good internet options, so many of these areas have been ignored by normal ISP's for forever.
Consider that revenue figure doubled as of today. Starlink has grown at minimum 100% YOY