The Double Edged Sword of Starlink's Ascendancy SpaceX's Nasdaq listing has brought attention to its most lucrative division: Starlink. Last year, the satellite internet constellation generated $11.
39 billion in revenue, accounting for 61% of total sales. This figure reflects growing demand for high speed internet access and underscores Elon Musk's ambition. Starlink's rapid growth is a double edged sword.
On one hand, it provides a cash cow to fund SpaceX's other costly endeavors, including AI development and Mars colonization plans.