SpaceX's Starship Milestone: 17 Launches in 31 Days Fuel Starlink's Global Internet Ambitions
November 20, 2024SpaceX has significantly increased its launch activities, completing 17 launches in just 31 days, which included deploying 24 Starlink satellites into low-Earth orbit from Florida.
During the sixth flight test of SpaceX's Starship on November 19, 2024, Starlink enabled real-time views of Earth, showcasing its capabilities.
This successful launch marked a key milestone for SpaceX, with the Super Heavy booster detaching from the Starship at an altitude of approximately 40 miles.
Starlink currently boasts over four million subscribers, supported by a network of more than 7,000 operational satellites providing global satellite internet service.
Gwynne Shotwell, SpaceX's COO, has projected that Starlink will achieve profitability in 2024, driven by ongoing expansion efforts that include the construction of 50-60 satellites each week.
Elon Musk has indicated that Starlink serves as the primary funding source for the Starship program, which also receives support from NASA.
NASA has approved the initial deployment of 400 Starlink satellites closer to Earth and is currently studying their impact on travel to and from the International Space Station (ISS).
Musk emphasized the importance of Starlink in financing humanity's mission to Mars, highlighting a Hohmann transfer orbit diagram that is included on Starlink routers.
Investors looking to engage with SpaceX's growth can do so through Destiny Tech100 Inc. (DXYZ), which has experienced a remarkable 198% increase over the past six months.
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