Pre-IPO Starlink Experiments on Its Customers in 2021
SpaceX's Starlink satellite internet broadband system is a marvel -- and that bodes well for its IPO.
Since launching its first full batch of 60 satellites on May 23, 2019, SpaceX has sent up 21 additional loads of Starlinks. Even after subtracting a few units to make space for rideshare partners, and a few more for decommissioned satellites, there are now more than 1,200 Starlink satellites in orbit around Earth, beaming down Internet service at speeds ranging from 50 to 150 megabits per second, and beaming up $99 service fees from SpaceX's new customers.
Image source: Getty Images.
Source Fool.com
