SpaceX, led by Elon Musk, provided an update on its Starlink internet service on Thursday, as it launched more satellites into space.
During a live stream of SpaceX’s first launch of the year, engineer Jessie Anderson stated Starlink currently has over 145,000 customers in 25 countries across the world. This represents a decrease in user growth from 140,000 users in early November.
On Thursday, the corporation launched 49 Starlink satellites into orbit from Florida using a Falcon 9 rocket. Starlink is the company’s ambition to create an interconnected internet network with thousands of satellites, often known as a constellation in the space business. It’s designed to provide high-speed internet to people all around the world. Around 1,800 Starlink satellites are in orbit, according to SpaceX.
The 5,000 new users added in the last two months signifies a slowing in growth. Since starting operations in October 2020, SpaceX had added about 11,000 users per month till November. The addition of 5,000 new users in the last two months indicates a slowdown in growth. Since it began operations in October 2020, SpaceX has added around 11,000 users per month till November.
SpaceX’s market capitalization has surpassed $100 billion, thanks in large part to the commercial potential of its Starlink service, according to industry analysts.
More about SpaceX
Space Exploration Technologies Corp. (doing business as SpaceX) is a California-based aerospace manufacturer, space transportation services provider, and communications company.
SpaceX was formed by Elon Musk in 2002 to decrease the cost of space transportation so that Mars could be populated. SpaceX manufactures the Falcon 9 and Falcon Heavy launch vehicles, as well as several rocket engines, Dragon cargo, and crew spacecraft, and Starlink communications satellites.
Achievements of SpaceX
The first privately funded liquid-propellant rocket to achieve orbit, as well as the first private firm to successfully launch, orbit, and retrieve a spacecraft, as well as the first private corporation to deploy a spacecraft to the International Space Station. The first private company to send astronauts to orbit and to the International Space Station, the first vertical take-off and vertical propulsive landing for an orbital rocket, the first orbital rocket reuse, and the first private company to send astronauts to orbit and to the International Space Station are just a few of SpaceX’s accomplishments. SpaceX has launched the Falcon 9 class of rockets over a hundred times.