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Starlink reaches 400K customers while launching Gen2

Starlink just announced that it reached the 400K subscribers mark in June 2022, compared to 250K just 3 months ago. This represents and average addtion of 50K subscribers per month and ARR of 250M$+. WHile this figure would satisfy most start-ups, it is at least two orders of magnitude below what is needed to finance such a project as Starlink.

At the same time, the company announced that it launched its first Gen2 satellite which is 5 times bigger (but 10 times more powerful) than Gen1. This change makes it impossible to use F9 and Starlink will have to launch on Starship.

More info here and here

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