SpaceX IPO Filing Reveals Starlink Financials
S-1 details $11.3B connectivity revenue, 10.3M subs (doubled YoY), 57% growth, and terminal cost cuts. Signals sustained demand for upstream suppliers and ground equipment. Recent Starship test with mock Starlink satellites underscores deployment progress. Enterprise pivot highlighted as key cash-flow driver.
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Updated May 28, 2026