SpaceX's Starlink Just Hit $11 Billion in Revenue—Here's Why That Matters

SpaceX's Starlink reached $11 billion in annual revenue in under five years—a scale that dwarfs the entire traditional satellite industry. Unlike older satellite operators, Starlink relies on monthly subscriptions rather than long-term contracts. That recurring income matters enormously. The company still faces a crucial test: turning revenue into profit given the enormous cost of launching and maintaining satellites.