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Starlink surpasses 10,000 satellites as Goldman Sachs predicts $144B revenue potential by 2030

Market News
05 Jun 2026
Badar Shaikh
View Source
Bullish
pluang ai news

SpaceX CEO Elon Musk announced that the Starlink satellite internet network now has over 10,000 satellites in low Earth orbit. Goldman Sachs projects Starlink could generate $144 billion in revenue by 2030, contributing to SpaceX's total forecasted revenue of over $474 billion. Despite the hype, valuation expert Aswath Damodaran criticized SpaceX's $28.5 trillion market opportunity as unrealistic and called the upcoming IPO overpriced. Meanwhile, the S&P 500 will not change its rules to allow faster inclusion of SpaceX after its public debut.

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