SpaceX's Starlink Revenue Soars
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 24 2026
0mins
Source: NASDAQ.COM
- Significant Revenue Growth: SpaceX's Starlink business generated $11.3 billion in revenue in 2025, accounting for 61% of the company's total revenue, with projections of $20 billion in 2026, indicating strong market demand and profit potential.
- Strong User Growth: As of February 2026, Starlink connected over 10 million active users, with 4.6 million added in 2025, demonstrating sustained service demand across 160 countries and enhancing market competitiveness.
- Key ARPU Trend: With Amazon planning to launch competing satellite internet services, SpaceX must monitor Starlink's average revenue per user (ARPU) trend to ensure profitability and market positioning, particularly in attracting high-margin business customers.
- Optimistic IPO Outlook: SpaceX is expected to conduct an IPO in 2026 with a valuation of $1.75 trillion; if Starlink's ARPU continues to grow, it will provide strong support for future profitability, ensuring sustainable development under such a high valuation.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 274.000
Low
175.00
Averages
280.01
High
325.00
Current: 274.000
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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