Starlink

2026

Space

SpaceX satellite internet provider Starlink has recorded $5.2 billion in revenue during the third quarter ending September 2026. The growth marks a 69% year-over-year (YoY) surge, largely attributed to an increase in consumer revenues.
According to the <a href="https://s21.q4cdn.com/184289198/files/content_files/SpaceX-Reports-Third-Quarter-2026-Results.pdf" rel="noopener noreferrer nofollow">SpaceX report for the quarter under review</a>, the $5.2 billion Starlink revenue represents a 36% share of total SpaceX revenue, showing how the connectivity division is contributing to the Elon Musk-owned company’s financial performance. Its Space and Super Intelligence (SI) division recorded $1.8 billion and $7.6 billion, respectively.&nbsp;
Starlink’s income during the period increased 99% YoY to $2.37 billion while Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose 82% YoY to $3.5 billion.&nbsp;
<figure class="wp-block-image size-full"><img width="953" height="569" src="https://technext24.com/wp-content/uploads/2025/04/Starlink.jpg" alt="Starlink">
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Also read:<a href="https://technext24.com/news/starlink-relaunch-uganda-months-after-license/" rel="noopener noreferrer nofollow">Starlink relaunches in Uganda 4 months after securing operational license</a>.
As of September 30, 2026, Starlink had 13.6 million consumer subscribers, up from approximately 12 million in June. SpaceX also reported hundreds of thousands of additional enterprise subscribers. Monthly average revenue per user (ARPU) increased 5% from the previous quarter to $69.
“Total costs and expenses for the Connectivity segment were up $974 million year-over-year, driven primarily by our growing satellite constellation, Starlink Kit deliveries, and marketing initiatives to support revenue growth,” SpaceX said, while CAPEX stood at $1.5 billion in Q3.
Around Q3, SpaceX said it agreed to acquire the Federal Communications Commission (FCC) licenses related to 800 MHz spectrum to advance its Mobile strategy, a regulatory approval that gives Starlink Mobile the technical foundation to become a traditional, standalone U.S. mobile carrier.&nbsp;
In addition, acquiring this low-band terrestrial spectrum addresses the satellite company’s struggle to reach users who are inside buildings or surrounded by thick obstacles.&nbsp;
SpaceX said the transaction is expected to close in the first half of 2027, subject to regulatory and other customary closing conditions.
<h4 id="starlink-in-africa" class="wp-block-heading">Starlink in Africa&nbsp;</h4>
Starlink continued its expansion project in Africa, having already launched in 30 markets. The latest came when it <a href="https://technext24.com/news/starlink-launches-in-equatorial-guinea/" rel="noopener noreferrer nofollow">launched its low-Earth-orbit (LEO) high-speed offerings in Equatorial Guinea</a> in August.&nbsp;
The launch follows its recent <a href="https://technext24.com/news/starlink-launches-in-cote-divoire/" rel="noopener noreferrer nofollow">launch in Côte d’Ivoire</a>. Aside from the West African country, Starlink has launched in the <a href="https://technext24.com/news/starlink-launch-central-african-republic/" rel="noopener noreferrer nofollow">Central African Republic (CAR)</a> and <a href="https://technext24.com/news/starlink-launch-internet-service-senegal/" rel="noopener noreferrer nofollow">Senegal</a> and has secured regulatory approval to launch in <a href="https://technext24.com/news/starlink-secures-licence-operate-uganda/" rel="noopener noreferrer nofollow">Uganda</a> after previous restrictions, all in 2026.&nbsp;
<figure class="wp-block-image size-full"><img width="917" height="608" src="https://technext24.com/wp-content/uploads/2026/02/Starlink-1.jpg" alt="Starlink">
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The satellite operator’s point of entry is bridging connectivity gaps and providing internet where terrestrial towers fail. Through its high-speed internet, it seeks to leverage its service to provide a 5G network, which is not yet available in most African countries. Its LEO services allow the company to penetrate rural areas where terrestrial towers cannot reach.&nbsp;
In another push to close the digital divide and connect underserved and rural communities in Africa, Starlink is partnering with telecom operators to deploy satellite-to-mobile services. The initiative marked its first entry in the Democratic Republic of Congo, while <a href="https://technext24.com/news/starlink-airtel-launch-satellite-mobile-uganda/" rel="noopener noreferrer nofollow">Uganda marked its second entry</a>.&nbsp;

Starlink records $5.2bn revenue in Q3 2026 as subscribers hit 13.6 million

Technext.ng

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