(Reuters) – According to unnamed sources, SpaceX is projected to earn approximately $9 billion this year from its rocket launch and Starlink businesses. The sources also indicate that the company’s sales are expected to increase to around $15 billion in 2024. Bloomberg News reported on these projections on Monday.
The report suggests that Starlink, in particular, will surpass and outpace the launch business next year, as it becomes available in more regions worldwide.
Bloomberg News reports that SpaceX is set to generate earnings of over $3 billion, excluding certain items.
As of now, SpaceX has not responded to Reuters’ request for comment.
Reporting for this article was done by Chavi Mehta in Bengaluru, and the editing was handled by Shounak Dasgupta.
