Watch Now: SpaceX Starlink Hit 10 Million Users. Why Is Revenue Down 18%?

With SpaceX IPO coming soon, Starlink crossed 10 million subscribers and $12 billion in revenue. So why is Starlink average revenue per user is down 18%?

Alex and Speedify engineers discuss why:

  • Starlink makes 3,000 times more from an airline than a home user,
  • many Starlink enterprise and Starlink roam users are getting multiple Starlink dishes,
  • emerging markets are essentially free to add once satellites are paid off,
  • Amazon LEO is forcing Starlink’s hand on pricing.

70% of Speedify’s Starlink users run a second connection, and 11% now run 2 or more Starlinks.

Alex and the Speedify team are always exploring the latest in networking and security technology—like 5G, 6G, WiFi 7, laser and satellite internet—and sharing it in new discussion content across YouTube, TikTok, Instagram, and LinkedIn every week.

Got a tech question? Let's go deeper! Pop into Speedify Office Hours live every Wednesday at 10 AM Eastern. Speedify CEO Alex Gizis and our network engineers are standing by to break down your questions about networks, tech updates, and Speedify features.

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