Revenue for the three months ended June 30, 2026 increased by $1,703 million, or 65.8%, compared to the three months ended June 30, 2025. This increase was primarily driven by an increase of $764 million in revenue from our consumer subscribers, composed of 101.2% growth in Starlink subscribers, offset by a 22.4% decline in Starlink subscriber ARPU, primarily due to international expansion and the addition of lower priced service plans, as well as an increase of $939 million in our government, aviation, maritime, and other enterprise businesses.
Includes: Starlink broadband and mobile for consumers, enterprise and government, Starlink kits, Starshield. This is the defined basket you trade; its brands are not separate holdings.
Company-reported revenue ratios set opening prices. Trading determines prices afterward. Revenue share and current market weight can differ.
100 tokens of every segment make a complete set redeemable for 1 SPCX, subject to fees. Holding this partial gives no separate voting rights over the business.
Includes: Starlink broadband and mobile for consumers, enterprise and government, Starlink kits, Starshield. This is the defined basket you trade; its brands are not separate holdings.
Company-reported revenue ratios set opening prices. Trading determines prices afterward. Revenue share and current market weight can differ.
100 tokens of every segment make a complete set redeemable for 1 SPCX, subject to fees. Holding this partial gives no separate voting rights over the business.
