SpaceX eyes $15 bln in sales next year on Starlink strength – Bloomberg News – Reuters

SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce/File Photo Acquire Licensing Rights

Nov 6 (Reuters) - SpaceX is on track to book revenue of about $9 billion this year across its rocket launch and Starlink businesses with sales projected to rise to around $15 billion in 2024, Bloomberg News reported on Monday, citing people familiar with the matter.

Sales for Starlink, in particular, are expected to outpace and exceed the launch business next year as the product becomes available in more regions around the world, according to the report.

SpaceX is on track to register earnings, excluding some items, of more than $3 billion, Bloomberg News said.

SpaceX did not immediately respond to a Reuters request for comment.

Reporting by Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta

Our Standards: The Thomson Reuters Trust Principles.

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SpaceX eyes $15 bln in sales next year on Starlink strength - Bloomberg News - Reuters

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