From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from strange.networkguild.org (strange.networkguild.org [IPv6:2600:3c02:e000:dd::1]) (using TLSv1.2 with cipher ECDHE-RSA-AES256-GCM-SHA384 (256/256 bits)) (No client certificate requested) by lists.bufferbloat.net (Postfix) with ESMTPS id B15723B2A4 for ; Wed, 5 Feb 2025 10:53:50 -0500 (EST) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/simple; d=iconia.com; s=strange; t=1738770829; bh=V70Czb2zZOOGPtsFYuWEwdk6ljq+72nYVm/ep0o2A78=; h=From:Date:Subject:To:From; b=iUEhgA9sVJfJJfIkV9P8wPIEvmz4qvbm+0CNvxKgZ92b4DOFID4RLZ8JwU876zfDe hTBzIwAIL/lukVajbv8fHx2nGs8SReCsChGiRQ/RTdHMKGi3KkBnea1+9ssI6JSeFX gXTjj0vfgPMbQxO+5RfJBuxQb69EaB8iip3DMjwNyvvTeUqpU+P+Y6PExU2QA8VDUF 1YTpSKzLcCMFIOxm2xAy6Ie00pSPrTeDzur4ELyLOi6LgDHYYKvi0dS1zRYFeXrNSD Is+rzeDNSM1yFbjd5G9Z5XUoDkb9vjzXkMzvlaP3v6p30/ETRRSMG58LiNcjFV67fY Qo7hRT5owyX9Q== Received: from auth (localhost [127.0.0.1]) (authenticated bits=0) by strange.networkguild.org (8.17.1.9/8.17.1.9/Debian-2+deb12u2) with ESMTPSA id 515FrjC12250122 (version=TLSv1.3 cipher=TLS_AES_128_GCM_SHA256 bits=128 verify=NOT) for ; Wed, 5 Feb 2025 10:53:45 -0500 Received: by mail-qv1-f47.google.com with SMTP id 6a1803df08f44-6e1b11859a7so37451276d6.1 for ; Wed, 05 Feb 2025 07:53:45 -0800 (PST) X-Gm-Message-State: AOJu0YzDhKHdwMvPXqTmSlzPqnEiNFFUBnQrmeI+C3kScZaxM5695h5b OjLxAaL78IIDsKUnY4RAVhv6rT6un7JFXbq4atz0cCwqg0rAQn9Cux246z5swbuc7eZhCW4n7QJ ujtZrHka0gOQrBCT4rqLTHGVBjNg= X-Google-Smtp-Source: AGHT+IHMtQSNs+apakwJ7vaSismeuSg7tqSG1NkFrXjVgaVpTPINe0FXMHB4iINpuu1suuNhERhsrrMIEXTqJKBKDJQ= X-Received: by 2002:ad4:5aea:0:b0:6e1:c77d:db8f with SMTP id 6a1803df08f44-6e42fc9ff54mr42864506d6.41.1738770824571; Wed, 05 Feb 2025 07:53:44 -0800 (PST) MIME-Version: 1.0 From: the keyboard of geoff goodfellow Date: Wed, 5 Feb 2025 08:53:08 -0700 X-Gmail-Original-Message-ID: X-Gm-Features: AWEUYZm-3p1QmYUzML9fOoaVkaH196W3toqgzxsFyA8DAnDHar4e_yxgaLKJnHU Message-ID: To: Starlink Content-Type: multipart/alternative; boundary="00000000000058427d062d67212a" X-Virus-Scanned: clamav-milter 1.0.7 at strange.networkguild.org X-Virus-Status: Clean X-BitDefender-Scanner: Clean, Agent: BitDefender Milter 3.1.7 on strange.networkguild.org, sigver: 7.98346 X-BitDefender-Spam: No (0) X-BitDefender-SpamStamp: Build: [Engines: 2.19.2.1569, Dats: 871106, Stamp: 3], Multi: [Enabled, t: (0.000005,0.008098)], BW: [Enabled, t: (0.000005), whitelisted: geoff@iconia.com], APM: [Enabled, Score: 500, t: (0.009102,0.000092), Flags: BA7B0291; NN_BEGIN_TAG_NOT_OK; NN_LEGIT_SUMM_400_WORDS; NN_LEGIT_MAILING_LIST_TO], RTDA: [Disabled], total: 0(775) X-BitDefender-CF-Stamp: none X-Spam-Status: No, score=-99.0 required=5.0 autolearn=disabled X-Spam-Report: * -99 ALL_TRUSTED Passed through trusted hosts only via SMTP * 0.0 HTML_MESSAGE BODY: HTML included in message * 0.0 LOTS_OF_MONEY Huge... sums of money X-Spam-Checker-Version: SpamAssassin 4.0.0 (2022-12-13) on strange.networkguild.org Subject: [Starlink] Starlink profit growing rapidly as it faces a moment of promise and peril (Ars Technica) X-BeenThere: starlink@lists.bufferbloat.net X-Mailman-Version: 2.1.20 Precedence: list List-Id: "Starlink has bufferbloat. Bad." List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Wed, 05 Feb 2025 15:53:50 -0000 --00000000000058427d062d67212a Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable "He wants to take food off the table of people=E2=80=94hard-working people.= " EXCERPT: Two new independent estimates of revenue from SpaceX's Starlink Internet service suggest it is rapidly growing, having nearly tripled in just two years. An updated projection from the analysts at Quilty Space estimates that the service produced $7.8 billion in revenue in 2024, with about 60 percent of that coming from consumers who subscribe to the service. Similarly, the media publication Payload estimated that Starlink generated $8.2 billion in revenue last year. These estimates indicate that Starlink produced a few hundred million dollars in free cash flow for SpaceX in 2024. However, with revenues expected to leap in 2025 to above $12 billion, Quilty Space estimates that free cash flow will grow to about $2 billion. SpaceX is privately held, so its financial numbers are not public. *Growing subscribers* By launching thousands of satellites and developing an Internet service based in low-Earth orbit=E2=80=94where the proximity of satellites to the g= round provides significantly faster and lower latency service than satellites in geostationary space=E2=80=94SpaceX has already exceeded space-based communi= cation networks developed earlier. At the end of last year, Starlink had 4.6 million subscribers. Quilty's director of research Caleb Henry noted that the previous incumbent players, Hughes and ViaSat, had a combined 2.2 million subscribers at their peak about half a decade ago, largely in North America, with some in South America and a smattering in Europe. Starlink is expected to add another 3 million subscribers this year alone. SpaceX has other significant lines of business, including government customers, particularly the US Department of Defense, as well as maritime (75,000 vessels equipped with Starlink as well as 300 cruise ships) and aviation segments. "The key takeaway I want everybody to walk away with is, if SpaceX was building the Starlink system to pay for a Mars colony, we've got evidence that the company will generate the type of free cash flows from the business that could pay for said endeavor," said Chris Quilty, co-chief executive and president of Quilty Space... [...] https://arstechnica.com/space/2025/02/starlink-profit-growing-rapidly-as-it= -faces-a-moment-of-promise-and-peril/ --=20 Geoff.Goodfellow@iconia.com living as The Truth is True --00000000000058427d062d67212a Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable
"He wants to = take food off the table of people=E2=80=94hard-working people."
EXCERPT:
Two new independent estimates of revenue from Spac= eX's Starlink Internet service suggest it is rapidly growing, having ne= arly tripled in just two years.

An updated projection from the analy= sts at Quilty Space estimates that the service produced $7.8 billion in rev= enue in 2024, with about 60 percent of that coming from consumers who subsc= ribe to the service. Similarly, the media publication Payload estimated tha= t Starlink generated $8.2 billion in revenue last year.

These estima= tes indicate that Starlink produced a few hundred million dollars in free c= ash flow for SpaceX in 2024. However, with revenues expected to leap in 202= 5 to above $12 billion, Quilty Space estimates that free cash flow will gro= w to about $2 billion. SpaceX is privately held, so its financial numbers a= re not public.

Growing subscribers

By = launching thousands of satellites and developing an Internet service based = in low-Earth orbit=E2=80=94where the proximity of satellites to the ground = provides significantly faster and lower latency service than satellites in = geostationary space=E2=80=94SpaceX has already exceeded space-based communi= cation networks developed earlier.

At the end of last year, Starlink= had 4.6 million subscribers. Quilty's director of research Caleb Henry= noted that the previous incumbent players, Hughes and ViaSat, had a combin= ed 2.2 million subscribers at their peak about half a decade ago, largely i= n North America, with some in South America and a smattering in Europe. Sta= rlink is expected to add another 3 million subscribers this year alone.
=
SpaceX has other significant lines of business, including government cu= stomers, particularly the US Department of Defense, as well as maritime (75= ,000 vessels equipped with Starlink as well as 300 cruise ships) and aviati= on segments.

"The key takeaway I want everybody to walk away wi= th is, if SpaceX was building the Starlink system to pay for a Mars colony,= we've got evidence that the company will generate the type of free cas= h flows from the business that could pay for said endeavor," said Chri= s Quilty, co-chief executive and president of Quilty Space...
[...]
--00000000000058427d062d67212a--