SpaceX COO Gwynn Shotwell has stated that SpaceX plans to have 24 Starlink launches in 2020.
Morgan Stanley forecasts indicate that SpaceX should start generating billions in revenue in 2020 with the completed launch of a minimally commercially viable Starlink network of 1000 satellites or more.
There will be revenue from providing internet to Tesla cars, airplanes, maritime ships and rural and underserved areas. There is also the value to financial centers for lower latency times. Light travels faster in vacuum than in fiber optic cable. The lowest time delays for stock trading will be via the Starlink network.
SOURCES- Morgan Stanley
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.