SpaceX unveils hybrid Starlink Mobile network and connectivity revenue goal

SpaceX said on its Q3 call that Starlink Mobile will combine S-band satellite spectrum, low-band 800MHz frequencies and small cells at broadband sites, launching in the US in early 2028. Revenue rose 161% to $14.6bn, net income reached $4.4bn and the AI segment brought in $7.56bn. Musk claimed a "clear path" to several hundred billion dollars a year in connectivity revenue.

• Q3 revenue hit $14.6bn, up 161% year on year
• Net income was $4.4bn versus a $1.1bn loss a year earlier
• AI segment generated $7.56bn, 52% of quarterly revenue
• Hybrid Starlink Mobile service to launch in the US in early 2028