Did Starlink Just Hit A $100B Valuation?

Starlink has officially announced that it has crossed 2.3M users across 70 countries. A rough financial estimate of $100/month/user in revenue means Starlink is at $2.8B in annual recurring revenue. If you add in hardware revenue, we're likely well over a $3B run-rate. Starlink is fully owned by SpaceX, and is rumored to be going for an IPO in the near future. I got super pumped to see these strong user numbers as it puts SpaceX one step closer to funding Mars!