🚀 SpaceX’s Business Mix Is Changing Fast
Elon Musk says ~90% of $SPCX revenue this year will come from commercial business, while government revenue is expected to fall below 5% in Q4.
The biggest driver behind this shift is Starlink 🌐
Starlink has transformed SpaceX’s revenue mix so significantly that the company is increasingly looking less like a traditional government-focused launch business and more like a global connectivity platform.
📊 ~90% — Commercial Revenue
🏛️ <5% — Government Revenue in Q4
🌍 Starlink — A major growth driver
The SpaceX story is no longer just about rockets—it’s increasingly about global connectivity. 🚀🌐
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