SpaceX Starlink to disrupt $1.6 trillion US market
Oppenheimer says SpaceX will disrupt the $1.6 trillion US broadband market. The firm raised its 2035 space revenue forecast ahead of the company's June IPO.
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SpaceX's Starlink will disrupt the $1.6 trillion United States communications industry, according to Oppenheimer. The brokerage raised its 2035 space revenue estimate to $800 billion from $500 billion. Legacy providers face faster subscriber declines as Starlink targets the $500 billion handset market.
