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SpaceX projects Starlink to deliver majority of global internet and targets $100B ARR by year-end

Company Fundamentals
04 Aug 2026
TechCrunch
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Bullish
SpaceX projects Starlink to deliver majority of global internet and targets $100B ARR by year-end

SpaceX's first earnings call as a public company featured Elon Musk making bold claims about Starlink's potential to deliver the majority of the world's internet within 10 years and the company reaching $100 billion in annualized revenue run rate by the end of this year. Musk also accelerated the timeline for SpaceX's revenue to hit $1 trillion, possibly by 2029 or 2030, and predicted rapid progress on Starship rocket flights and lunar missions. However, other executives provided more cautious, legally careful statements, highlighting ambitious but measured growth and NASA milestone commitments. Musk's optimistic projections contrast with past missed promises but now carry more scrutiny due to SpaceX's public status.

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Remittix nears $36M cap as Cardano's new language sparks $2 ADA forecast, BNB eyes $1,500

Remittix nears $36M cap as Cardano's new language sparks $2 ADA forecast, BNB eyes $1,500

Remittix has raised $33 million in its presale, nearing its $36 million hard cap ahead of its November 24, 2026 launch. The project offers a PayFi ecosystem connecting crypto with bank payments, with active product use and testing underway. Meanwhile...

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Share-ify launches S.A.F.E. Score™, an AI tool to boost supplier risk detection in food safety compliance.

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EquipmentShare to report Q3 2026 earnings on Nov 9 with a conference call on Nov 10

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Atlantic American faces Nasdaq delisting over delayed SEC filings but plans to appeal.

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Atlantic American Corporation received a Nasdaq Staff Delisting Determination due to missing its 2025 annual and 2026 quarterly SEC reports by the extended October 12 deadline. The company has since filed the 2025 annual report and is working to subm...

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2 hours ago
Beetaloo Energy nears first gas sales from Carpentaria Pilot Project with strong well results and solid funding.

Beetaloo Energy nears first gas sales from Carpentaria Pilot Project with strong well results and solid funding.

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