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via finance.yahoo.comBusiness & Companies

SpaceX COO: Starlink Wi-Fi contracted for 12,000 planes, deals with three of four major US carriers

FROM THE WIRE · FINANCE.YAHOO.COM

SpaceX (SPCX) president and COO Gwynne Shotwell said that Starlink in-flight Wi-Fi has reached 12,000 contracted planes, and the company has signed deals with three of the four major US carriers. Video Transcript 00:00 Speaker A Starlink is now contracted for roughly 12,000…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishExpanding Starlink contracts in aviation could support SpaceX revenue prospects and benefit airline partners.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Starlink is contracted for roughly 12,000 planes, almost a quarter of available aircraft.
  2. 02Agreements have been signed with three of the four major US carriers and a growing list of international airlines.
  3. 03Aviation production rates have quadrupled since the beginning of the year.
  4. 04The company expects to double them before the end of the year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Space Exploration Technologies Corp.SPCXStock147.79 USDMarket closedtoday -0.11%Positive Deutsche Lufthansa AGLHA.XETRAStock7.28 EURMarket closedtoday +2.51%Positive Korean Air Lines Co., Ltd.003490.KOStock26,250.00 KRWMarket closedtoday -3.14%Positive Asiana Airlines, Inc.020560.KOStock7,050.00 KRWMarket closedtoday -2.62%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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