Starlink is lagging behind Musk's vision, securing only one million active subscribers by 2022's end versus the billionaire's projected 20 million.
according to documents viewed by. It marks a stark contrast to Musk’s forecast in 2015, claiming Starlink would reel in a $7 billion operating profit in 2022 and would generate nearly $12 billion in revenue, according toReports suggest that Starlink has also been slower to sign up customers than Musk expected, signing upfrom the 20 million subscribers Musk expected to have, according to the report.
Starlink’s credibility was put into question by the Federal Communications Commission last year after Starlink secured $885.5 million in grant funds. The FCC later reversed its decision, claiming that Starlink “failed to meet program requirements.”“After careful legal, technical, and policy review, we are rejecting these applications.
Starlink’s revenue report comes as Musk recently faces criticism for his refusal to provide Starlink satellites to Crimea to bolster Ukraine’s war efforts. A new Musk biography released on Tuesday revealed that
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