SpaceX reports Q2 revenue from connectivity, which includes Starlink, up 66% YoY to $4.29B vs. $3.83B est., Starlink subscribers up 100% to 12M vs. 12.19M est.
THE SO WHAT
Starlink throwing off $4.29B in connectivity revenue with 12M subs turns LEO internet from science project into a cash engine that can subsidize heavy AI and space capex. If your product assumes ‘no reliable broadband’ as a constraint in emerging markets or remote ops, shorten the window on that assumption.
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