A new Morgan Stanley Research update estimates the cost of SpaceX's revised Starlink internet plan without Starship: a future low-cost mega-rocket.
SpaceX wants to surround Earth with a vast network of internet-providing satellites called Starlink. Financial analysts at Morgan Stanley Research recently estimated the project could grow SpaceX's base valuation to $52 billion, possibly up to $120 billion. However, SpaceX recently asked to nearly triple its maximum Starlink network from 12,000 to perhaps 42,000 satellites, which would incur a major investment.
SpaceX wants to surround Earth with a vast network of internet-providing satellites called Starlink. Financial analysts at Morgan Stanley Research recently estimated the project could grow SpaceX's base valuation to $52 billion, possibly up to $120 billion. However, SpaceX recently asked to nearly triple its maximum Starlink network from 12,000 to perhaps 42,000 satellites, which would incur a major investment.
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