Estimating SpaceX’s 2024 Revenue
Payload is back with our SpaceX revenue breakdown. We estimate SpaceX’s revenue reached $13.1B in 2024, up from $8.7B in 2023. Business line estimates:
Payload is back with our SpaceX revenue breakdown. We estimate SpaceX’s revenue reached $13.1B in 2024, up from $8.7B in 2023. Business line estimates:
In the 1940s, science fiction novelist Isaac Asimov proposed the idea of space-based solar power, imagining space stations that could collect solar power and beam the energy to Earth.
Astranis, a startup building small GEO broadband satellites for targeted service, led the way this quarter with its $200M monster Series D round, by far the largest US space raise so far in 2024.
There were 63 total global launches in Q2 2024, a 40% YoY increase. The usual suspects, SpaceX and China, are once again leading the charge.
The first three months of 2024 was another busy quarter for the space industry, underscored by continued growth in SpaceX’s launch cadence and a solid VC funding environment. Below are the four charts defining the quarter.
Last week, we detailed SpaceX’s 2023 revenue, estimating sales reached $8.7B. This week, we’re once again dusting off the crystal ball and predicting SpaceX’s 2024 revenue.
Payload is back with our SpaceX revenue analysis. This week, we’ll estimate SpaceX’s 2023 revenue, breaking down launch and Starlink revenue.