How Many Starlink Satellites Can SpaceX Launch This Year?

Yahoo Finance ·

Space Exploration Technologies 's ( SPCX +0.15% ) Starlink internet service is perhaps its most successful venture to date. This business unit accounted for the majority of SpaceX's revenues and profits last year. The FCC has already approved the company to launch 12,000 low Earth orbit satellites. SpaceX has filed to launch 42,000 more. Future approvals will be needed, considering that more than 9,000 Starlink satellites are already in orbit. Just how fast will SpaceX launch additional satellites? One major upcoming catalyst will determine the pace of launches.

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SpaceX's Starlink is a core business that accounted for a large portion of the company's revenue and profit last year, and currently more than 9,000 satellites are in orbit. The FCC has already approved launches for 12,000, and SpaceX has applied for an additional 42,000. This year's actual launch pace will be determined by launch vehicle performance and regulatory approvals/permits, especially whether Starship is put into operational service. If launches accelerate, it should expand the satellite internet market and sharply increase demand for components and launch vehicles; conversely, it is expected to produce competition and price pressure on incumbent carriers and small launch providers.

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