SpaceX could make $15bn in 2024 and Starlink will bring in more money than contract rocket launches

SpaceX recently stopped losing money on satellite internet. Moreover, as early as next year, Starlink will make more money for the company than rocket missions.

Here's What We Know

At the end of 2023, the revenue of SpaceX from the services provided by Starlink and rocket launches will reach $ 9 billion. In 2024, the American aerospace company plans to increase revenue by more than 60%, to $ 15 billion.

This is reported by Bloomberg. According to the source, next year Starlink will bypass rocket launches in the revenue structure of SpaceX. This will be possible due to the growth in the number of regions where satellite Internet is available.

Note that we have no official information about the financial performance of SpaceX. This is due to the fact that a private company is not obliged to publish reports. According to Bloomberg, in 2023, the profit of SpaceX may exceed $3 billion.

It is not excluded that in the future Starlink will be able to go on the stock exchange. Such a development was allowed by the head of SpaceX Elon Musk. It is assumed that next year Starlink sales will reach $10 billion, and in the long term may increase three times.

Source: Bloomberg