Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia. Continue \u00bb<\/a> <\/p>\n Average revenue per user (ARPU) was $66 for both the quarter and the first six months of 2026. ARPU is monthly revenue, so each subscriber pays SpaceX an average of $792 per year. At 570,000 new subscribers per month, SpaceX adds about $450 million in annual recurring revenue (ARR) for every month of growth. If it maintains that pace for a year, it adds roughly $5.4 billion in ARR. <\/p>\n There are a few potential issues for investors to watch for. ARPU may decline as Starlink expands into lower-priced markets. It has already dropped from $85 a year ago. <\/p>\n Growth could also slow down, either due to market saturation or to network capacity constraints. An analysis published in June by Tim Farrar of TMF Associates estimated that Starlink’s network currently had a capacity of about 20 million subscribers. On a positive note, SpaceX deployed 26 Starlink V3 satellites on Sept. 28, with each one designed to support 1 Tbps of downlink capacity. That said, it’s only one launch, so Starship will need to launch regularly to meaningfully expand capacity. <\/p>\n While Starlink’s growth is impressive, it’s also arguably priced in. Adding $5.4 billion in annual revenue doesn’t move the needle much relative to the company’s $2.2 trillion valuation (as of Oct. 12). Investors in SpaceX stock<\/a> are betting on explosive growth from AI and the launch business, and Starlink will also need to maintain its trajectory to hold up its end. <\/p>\n Should you buy stock in Space Exploration Technologies right now? <\/p>\n Before you buy stock in Space Exploration Technologies, consider this: <\/p>\n<\/a> Image source: Getty Images. <\/p>\n