SpaceX’s broadband satellite internet, Starlink, is still in beta, but already has over 10,000 customers. The fledgling service is expected to be a cash cow for SpaceX, bringing in as much as $30 billion a year — more than 10 times the annual revenue of its existing rocket business. This revenue will be used to fuel Elon Musk’s ultimate goal of building a colony on Mars. Eventually, Starlink may even keep us connected on the Red Planet.
00:00 - Introduction
02:24 - Understanding Starlink
07:15 - SpaceX’s golden ticket
10:05 - Challenges
16:12 - Future of Starlink
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news:
00:00 - Introduction
02:24 - Understanding Starlink
07:15 - SpaceX’s golden ticket
10:05 - Challenges
16:12 - Future of Starlink
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news:
-
- 1
Francisco Gimeno - BC Analyst There are no secrets here. Elon Musk is building a complex ecosystem where different projects and platforms help each other, and all work to make SpaceX a reality. SpaceX needs tons of money to be successful. Starlink should be one of the best options to monetise the whole ecosystem. A win-win proposition.