Hyperdrive
SpaceX Eyes $15 Billion in 2024 Sales on Starlink Strength
- Revenue of $9 billion expected from launches, Starlink in 2023
- Internal data shows growth of Starlink satellite business
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SpaceX is on track to book revenues of about $9 billion this year across its rocket launch and Starlink businesses, according to people familiar with the matter, with sales projected to rise to around $15 billion in 2024.
Sales for Starlink, in particular, are expected to outpace and exceed the launch business next year as the product becomes available in more regions around the world, according to the people, who asked not to be identified as the information is private. Starlink will then represent the majority of SpaceX revenue, the people said.