Starlink’s growth rate is unprecedented and has the potential to capture a significant portion of the $92 billion global consumer satellite services market.
The business generated from Starlink could represent over 40% of SpaceX’s overall business by the end of 2023, generating more than $3 billion.
Starlink’s importance extends beyond consumer services, as it serves enterprise customers in industries such as maritime and aviation.
Starlink’s ability to provide reliable internet connectivity in remote areas and during times of conflict has been praised.
However, critics argue that Starlink’s growing influence in geopolitics is concerning, and the scientific community has raised concerns about its impact on astronomical observations.