Analysts at Quilty Space have updated its model to include a forecast for Starlink’s broadband-by-satellite division for 2026. Quilty projects revenues of $15.9 billion (€13.6bn), EBITDA of $11 billion, and Pro-forma free cash flow of $4.9 billion. Quilty’s report suggests that by the end of this year Starlink could have 8.2 million customers, and “sustaining […]

A report from ARK Investment Management forecasts that Elon Musk’s SpaceX Starship business, which carried out its tenth test flight on August 26th, is likely to be valued at some $2.5 trillion (€2.1tn) by the end of the decade. The rocket’s upper Starship spacecraft, which is designed to one day carry cargo or humans to […]

The news that AT&T is paying some $23 billion (€19.8bn) for terrestrial cellular spectrum to EchoStar has alerted many analysts to the implied value of EchoStar’s remaining telephony spectrum. Reports are numerous that both Elon Musk – who has long coveted EchoStar satellite spectrum – and AT&T rival T-Mobile could be next in line for […]

Elon Musk issued congratulations to his SpaceX rocket and launch team on achieving 100 launches already this year. Musk said the record is impressive given that the launches have lofted about 1,800 tonnes of payload into orbit, and accounting for more than 90 per cent of all Earth mass to orbit. SpaceX has achieved a […]

Canada’s anti-Trump sentiment has manifested itself in a major loss to Elon Musk’s Starlink broadband-by-satellite system. The Canadian province of Ontario has cancelled an order for Starlink services worth $100 million (€86.6m) and intended to connect 15,000 rural and isolated homes in the region. The deal was originally announced in November 2024 and helped by […]

Elon Musk says his troubled Starship giant rocket is on track to launch again in early August. Starship has had a challenging gestation. The massive rocket, which comprises the ‘Super Heavy’ lower booster stage and the Starship upper stage, has launched nine times to date. The rocket has at its key aim the lowering of […]

Starlink can start operating over India. Elon Musk’s Starlink has been given approval by India agency IN-SPACe (Indian National Space Promotion and Authorisation Centre) to start services. In June, Starlink was provided with a licence by the government to launch GMPCS (Global Mobile Personal Communication by Satellite) services, VSAT Services and ISP Category-A under unified […]

Elon Musk’s plans to start Starlink broadband services in South Africa are currently stymied. But he is reportedly planning an ambitious work-around with a 2 billion Rand (€96m) overall investment in the Southern Africa region to get around local Black Economic Empowerment (BEE) regulations. South Africa’s Business Day reports that Musk will use the investment […]

Elon Musk was somewhat caught out by talking of significant improvements that had been made to SpaceX’s giant Starship rocket. Then the test rocket, which would have become Flight #10, suffered a spectacular explosion June 19th on its test pad. Experts suggest the damage to the test stand itself possibly looks repairable. There is obviously […]

A supposedly routine static test firing of a SpaceX Starship rocket ended in a gigantic ball of flame in a huge explosion at Elon Musk’s Starbase facility in South Texas. In a statement, SpaceX said the rocket suffered “a major anomaly” while on a test stand at Starbase. “A safety clear area around the site […]