STARLINK HITS 10.3M SUBSCRIBERS, DOUBLES YoY GROWTH

SpaceX disclosed the subscriber figures in its S-1 filing, providing the first public confirmation of Starlink's paid user base. The satellite internet service more than doubled its customer count compared to the same period last year. The connectivity division—primarily Starlink—accounted for $11.3 billion in annual revenue during 2025, establishing it as a significant revenue stream for the aerospace company beyond its core launch services. The growth reflects expanding demand for satellite-based internet, particularly in regions with limited terrestrial broadband infrastructure. Starlink now operates in dozens of countries, competing with traditional ISPs and other satellite providers. The subscriber milestone comes as SpaceX continues launching Starlink satellites to expand network capacity and coverage. The company has deployed thousands of satellites since the constellation's inception in 2019.