Starlink, owned by SpaceX, has reached breakeven. This information was made public by the company's CEO Elon Musk, writes Reuters.
Excited to announce that @SpaceX @Starlink has achieved breakeven cash flow! Excellent work by a great team.
— Elon Musk (@elonmusk) November 2, 2023
Starlink is also now a majority of all active satellites and will have launched a a majority of all satellites cumulatively from Earth by next year.
Recently, it became known that Starlink satellite communications may soon appear on smartphones. We are talking about the Direct to Cell service, which will allow you to exchange files, text and voice messages via a satellite connection.
The service is scheduled to launch in 2024. First, users will be able to send text messages. Starting in 2025, they are expected to be able to send file and voice information.
SpaceX is valued at about $150 billion and is one of the most valuable private companies in the world.