Here's How SpaceX Could Save Europe a Lot of Money
SpaceX Starlink internet is taking the world by storm -- and making some countries nervous.
Nowhere near the size of terrestrial networks yet (on Earth, alone generates more than $80 billion annually as an internet service provider, according to data from S&P Global Market Intelligence), Starlink is growing faster than any terrestrial rival. Over the space of just five years, it's grown from nil revenue as it built out its satellite constellation in 2019 and much of 2020 to a projected $6.8 billion in revenue in 2024.
And Starlink isn't bound by lines on a map. Unlike most telcos, Starlink boasts the ability to provide internet services anywhere on the globe, beamed down from its constellation of nearly 6,000 orbiting satellites.
Source Fool.com
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