SpaceX’s satellite internet service, Starlink, is seeing rapid growth as the company moves closer to a potential IPO reportedly valuing it at around $1.5 trillion. Data from Cloudflare shows global Starlink internet traffic more than doubled in 2025, driven by expansion into new countries and rising demand.
Starlink now operates in over 150 markets and reached 8 million active customers last month, up from 4 million in late 2024. The network relies on more than 9,000 low-Earth-orbit satellites to deliver internet access, including in remote regions. Its growth has also attracted airlines, with around 23 planning to use Starlink for in-flight Wi-Fi, while SpaceX has hinted at launching a satellite-powered mobile service.
The surge comes as Elon Musk signals that SpaceX could go public as early as next year, a move that would place it among the world’s most valuable companies. Musk has said Starlink is by far SpaceX’s largest revenue driver, with traffic jumping sharply in newly launched markets and little immediate competition from rival satellite networks.