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This is because if trillions of dollars of profits each year can be used to increase space development then this will be far more than $2 billion/year of the NASA budget that is actually used to develop space and space technology.
SpaceX started launching Starlink satellites in 2019. There were only about 300 one hundred kilogram or heavier satellites in low earth orbit in 2018. There are now over 8000 and this is because of SpaceX launching 7000 Starlink satellites and a few hundreds satellites for other companies
SpaceX has launched 90% of all payloads into space in 2024. This is ten times more than the rest of the world combined. The rest of the world meaning all of the other countries like China and Russia.
SpaceX is also a profitable company and will become very profitable by offering Starlink services commercially with over $10 billion in revenue now with about 4-5 million customers.
SpaceX will also get a lot of military and government contracts. The Pentagon has increased its military satellite internet services budget from $900 million to $13 billion over the next five years. The vast majority of the military launch and military satellite business is going to SpaceX.
Starlink with the fully reusable super heavy Starship will launch 42,000 Gen 3 satellites with each having ten times the bandwidth of Starlink Gen 2 mini satellites.
This will be able to support 400 million to 1 billion global high speed internet customers and about 6 billion customers for direct to cellphone service.
The 42,000 satellite constellation can be deployed in 2026-2027. The full global customers could get sold, dishes deployed and new cellphones deployed by 2028-2029.
This will be over $1 trillion per year and the profits margins could be 90%.
SpaceX will grow global communications and internet and have other businesses. This will only increase in the 2030s and 2040s.
SpaceX will take over transoceanic package delivery from cargo planes.