Starlink Falls Short of 2022 Projections, Hits 1M Users and $1.4B Revenue

Starlink missed 2022 projections of $12B revenue and 20M users, hitting only $1.4B revenue and 1M users.
Actual subscriber and revenue numbers were far below SpaceX's 2015 projections used to raise investor money.
Starlink has over 1.5M customers currently, with a goal to reach millions more.
Starlink is expected to turn a profit in 2023 after previous annual losses.
Starlink no longer sells user terminals at a loss after production improvements.

arstechnica.com

Relevant topic timeline:

9/13/2023

SpaceX Reaches Starlink Profitability Milestone by Lowering Costs and Rapidly Expanding Customer Base

Elon Musk's SpaceX is no longer subsidizing the cost of its Starlink antennas, which is a positive step toward improving profitability and indicates that the terminals now cost less than $600 each to make.