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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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STYLD. and Mattel launch limited-edition Barbie Christmas collection with playful pink summer designs.

STYLD. and Mattel launch limited-edition Barbie Christmas collection with playful pink summer designs.

Australian brand STYLD. has partnered with Mattel to release a limited-edition Barbie-themed Christmas collection featuring summer-inspired, reusable entertaining items in Candy Cane Pink and Peppermint Green. The collection includes insulated carafe...

Others
Bullish
1 hour ago
Law firm investigates Fervo Energy for alleged securities fraud after share price drops.

Law firm investigates Fervo Energy for alleged securities fraud after share price drops.

Kirby McInerney LLP is investigating Fervo Energy for potential securities law violations following the company's Q2 2026 earnings report and a critical research report. Fervo's shares fell sharply after it disclosed possible transmission issues at i...

Market News
Bearish
3 hours ago
Airbnb reveals fall travel trends with more weekend trips and new AI-powered booking features.

Airbnb reveals fall travel trends with more weekend trips and new AI-powered booking features.

Airbnb reports a surge in fall travel, with 60% of Americans planning weekend getaways, especially families with infants. Gen Z is driving a trend called lore-tripping, seeking unique local stories, while sports fans engage in groundhopping to iconic...

Market News
Bullish
3 hours ago
Ethena (ENA) price drops 15.76% amid heavy sell pressure and wash trading on exchanges

Ethena (ENA) price drops 15.76% amid heavy sell pressure and wash trading on exchanges

Ethena (ENA) price fell 15.76% to $0.201476 on October 13, 2026, driven by net inflows of 1.45 million tokens to centralized exchanges, signaling strong selling pressure. On-chain data reveals that 79.4% of reported trading volume is wash trading, in...

Technical Signals
Bearish
4 hours ago
High-yield bond ETF HYG can trigger tax bills far exceeding actual gains in taxable accounts.

High-yield bond ETF HYG can trigger tax bills far exceeding actual gains in taxable accounts.

A $300,000 investment in the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) generated $18,255 in taxable interest income over 12 months, but the total return was only $5,550 due to a share price decline. Investors pay ordinary income tax on the ...

Market News
Bearish
4 hours ago
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