Every week Elon Musk is sending about 60 more satellites into orbit.
Tech legend Jeff Brown believes he’s building what will be the world’s first global communications carrier.
He predicts this will be Elon’s next trillion-dollar business.
And when it goes public, you could cash out with the biggest payout of your life.
Partner Spotlight
What the Launch Tempo Really Tells Us
SpaceX’s launch cadence has become almost routine, but the underlying business is anything but.
Starlink, once viewed as an expensive experiment, is now behaving like a mature, scaled network with real commercial momentum.
In the final weeks of November and the opening days of December, SpaceX kept up its breakneck pace.
A series of Falcon 9 launches placed more than a hundred additional satellites into orbit.
On December 1st alone, one mission from Florida released 29 satellites, followed by another 27 from California shortly after.
SpaceX is on track for 170 launches this year, a figure unmatched in the modern aerospace industry.
Most of the new deployments use the more capable V2 Mini satellites, which expand capacity and support the promising Direct-to-Cell service.
With more than 9,100 active satellites, Starlink now operates a network with no real peer.
Commercial Signals Worth Watching
Starlink is no longer defined by rural broadband.
Its biggest wins are now coming from sectors that need consistent, high-quality connectivity.
On November 6th, International Airlines Group — parent company of British Airways and Iberia — signed a deal to equip over 500 aircraft with Starlink internet starting in 2026.
Airlines in the U.S., Europe, and Asia are already testing or adopting the service, and the aviation market appears to be settling on Starlink as the new standard.
At the same time, SpaceX is making a strong push into satellite-to-phone services.
Just days before the IAG announcement, the company agreed to purchase $2.6 billion in wireless spectrum from EchoStar, reinforcing its Direct-to-Cell ambitions.
Beta service is already active in limited regions, supported by partners including T-Mobile, Rogers, and KDDI.
The network is widening even further through maritime integrations, where connectivity is no longer optional for crews and logistics systems.
Analysts now estimate that Starlink could generate $11.8 billion in 2025 revenue, with free cash flow potentially reaching $2 billion.
Industry models increasingly describe the business as shifting from a “capital sink” to a sustainable, high-margin engine.
The IPO Question — and Musk’s Message
Despite the momentum, an immediate IPO looks unlikely.
On November 15th, Musk publicly dismissed reports of an upcoming listing as “false.”
A planned December tender offer values SpaceX at $150 billion, unchanged since July — a subtle signal that insiders prefer stability over speculation.
The implication is clear:
Starlink will go public only when cash flow is predictable and diversified across aviation, maritime, and direct-to-cell services.
Competitors are moving, but the gap is significant.
Amazon’s rebranded “Leo” program aims for 180 satellites by year-end — a fraction of Starlink’s footprint.
AST SpaceMobile and OneWeb continue to pursue their niches, but face delays and funding constraints.
The Compass Ahead
For the next 12 to 18 months, the real story isn’t IPO rumors.
It’s execution — capacity increases, new service markets, and the rollout of phone-to-satellite connectivity.
Starlink is shaping a communications network with global reach, built on a launch tempo no rival can replicate.
Whether it lists in 2026, 2027, or beyond, the trajectory is clear:
the foundation is being built now, one launch and one contract at a time.
