November 08, 2023 – Elon Musk took to social media to announce that SpaceX is currently launching rockets on an average of once every three days, with plans to increase the frequency to once every two days next year.
This signifies that in the coming year, SpaceX will be launching an average of 15 rockets per month, totaling a minimum of 180 launches throughout the year.
Since the inception of SpaceX’s Starlink project, thousands of satellites have been deployed in just a few years, offering high-speed, low-latency internet services to users worldwide.
Reports suggest that Elon Musk’s SpaceX, which encompasses rocket launches and the Starlink business, is poised to generate around $9 billion in revenue this year, with projections indicating that the sales figure could increase to approximately $15 billion by 2024.
As Starlink expands its coverage to more regions across the globe, it is anticipated that the revenue from this venture will surpass that of rocket launches next year, thereby making the Starlink project the predominant source of income for SpaceX.
Furthermore, SpaceX has outlined plans to launch an additional 42,000 satellites by 2027 to establish a more comprehensive satellite network, ensuring reliable global network services.