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Stock impact report

Starlink’s Numbers Could Bring SpaceX’s Valuation Crashing Down [Forbes]

ViaSat, Inc. (VSAT) 
Last viasat, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.viasat.com
Company Research Source: Forbes
But economic realities and the physical limits of beaming internet connectivity from space could puncture the good vibes. S ettling other planets isn't going to be cheap. That's why Elon Musk, after setting out to develop lower-cost rockets at SpaceX, decided to make money with them by launching a satellite network called Starlink to sell broadband internet access to ruralites. “Starlink is how we are paying for humanity to get to Mars,” on his social network X last year. Starlink's progress has been stunning. In March, less than five years after starting service, it reached 5 million customers, more than doubling the market of the previous satellite communications incumbents, Viasat and Hughes, at their height. Sunny expectations for Starlink are one of the main reasons investors have been eager to pump money into SpaceX. Its valuation hit in December in a sale of insider shares, making it the most valuable private company in the world. That valuation has largely held steady Show less Read more
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