SpaceX expects two-fold increase in profits in 2023

The American space company SpaceX expects to earn twice as much in 2023 than in 2022, Report informs via SpaceNews.

If the company's forecasts come true, then this year it will earn more than $8 billion, of which $3.2 billion will come from Starlink.

The Starlink satellite internet system could account for up to 40 percent of SpaceX's revenue in 2023.

At the same time, 75 percent of Starlink's projected revenue will come from subscriptions, while the rest of the funds are expected to come from equipment sales to new customers. SpaceX expects the number of Starlink users to double by the end of 2023, growing from 1.1 million to 2.2 million.