Starlink, the SpaceX satellite internet service, generated $1.4 billion in revenue last year, documents viewed by The Wall Street Journal reveal. That’s up from $222 million in 2021 but $11 billion short of its original projections, according to the Journal.
Interestingly, The Wall Street Journal’s report comes the same day SpaceX exec Jonathan Hofeller said at a conference that it’s no longer incurring losses for producing Starlink’s satellite antennas, reports CNBC. According to…
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