Space Exploration Technologies Corp.

(NASDAQ:SPCX) CEO Elon Musk believes Starlink could become a massive business, with AI and robotics driving bandwidth demand and potentially pushing annual revenue above $1 trillion.

Starlink Could Become a Cash Machine Earlier this week, former Alphabet Inc.

(NASDAQ:GOOG) (NASDAQ:GOOGL) executive and venture capitalist David Friedberg made a bullish case on the latest episode of the All-In podcast, citing Starlink's rapid subscriber growth and strong financial performance.

Friedberg said Starlink had 12 million subscribers after doubling its user base year over year, while its connectivity business generated $4.29 billion in revenue, up 66% year over year.