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Elon Musk
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Musk says Starlink Mobile could bring in hundreds of billions a year
Elon Musk said on SpaceX's third-quarter earnings call on October 20 that the company sees a clear path to several hundred billion dollars a year in connectivity revenue. SpaceX said that between 85% and 93% of mobile connectivity already runs over Wi-Fi, and that S-band spectrum will carry most Starlink Mobile traffic. On October 8, SpaceX agreed to buy up to 14 MHz of paired spectrum in the 800 MHz band, with closing expected in the first half of 2027, subject to regulatory approval.…
- Musk sees a path to several hundred billion a year in connectivity
- Purchase of up to 14 MHz in 800 MHz; closing expected in first half of 2027
- Connectivity brought in $5.2 billion in the third quarter, up 69% year over year
🔎 Why it matters: The several-hundred-billion figure comes from Musk, and the breakdown is deferred to a separate presentation. It depends on the 800 MHz spectrum and on the Mobile V2 satellites that would fly on Starship in 2027.
📈 Upside: Connectivity revenue grew 69% year over year to $5.2 billion in the third quarter, with 13.6 million consumer subscribers.
📉 Risk: Closing the spectrum purchase depends on regulatory approval, and the company's own U.S. service depends on Mobile V2 satellites flying on Starship in 2027.
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