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Elon Musk believes Starlink connectivity could generate “several hundred billion dollars a year” in revenue.
During today’s Q3 SpaceX earnings call, Musk also said the company should “probably” do a “longer presentation on the game plan” for the business.
In Q3, SpaceX’s Connectivity business reported $5.2 billion in revenue, and the company recently acquired low-band spectrum as part of a plan to become a “major mobile carrier” that competes with T-Mobile, AT&T, and Verizon.
You can read more about SpaceX’s earnings in our story here.
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