Elon Musk
M
Moneycontrol10-02-2026, 14:55

SpaceX's Revenue Shift: NASA Contracts Now Just 5%, Starlink Dominates

  • Elon Musk states NASA contracts now constitute only 5% of SpaceX's annual revenue, a significant change from its early days.
  • NASA contracts were once crucial for SpaceX's survival and credibility, providing stability through government funding.
  • Starlink, SpaceX's satellite internet service, is now the primary revenue driver, serving millions globally and securing contracts with various industries.
  • Starlink generates recurring subscription revenue, making SpaceX less reliant on government contracts and more like a global telecom provider.
  • SpaceX continues to collaborate with NASA on missions like Artemis, but these contracts are no longer the company's financial foundation.

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