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andsoitis • yesterday at 11:54 PM • 1 reply • view on HN

> Who is SpaceX’s biggest customer?

It is estimated that Starlink is, accounting for 70% - 80% of revenue. Sources: [1] and [2]

NASA is SpaceX's biggest external customer for rocket launch services.

Although NASA is SpaceX’s largest external customer for traditional launch services, the company earns far more revenue from Starlink customers (millions of subscribers). So overall Starlink itself is SpaceX’s biggest revenue generator and de facto largest customer segment.

[1] https://pestel-analysis.com/blogs/target-market/spacex

[2] https://londoneconomics.co.uk/blog/publication/crouching-riv...

Replies

robocat • today at 12:38 AM

From [2] (abridged):

  NASA contracts alone have exceeded $13 billion since 2015, with $1.1 billion expected for 2025.

  The U.S. Space Force awarded $845 million for 2025 and $733 million for 2024.

  Commercial satellite operators are estimated to contribute between $2.5 billion and $3 billion in 2025.