Sales spike at Elon Musk’s Starlink as profit almost doubles

City A.M.

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Turnover at Starlink, Elon Musk’s satellite internet constellation, spiked in the UK as its profit almost doubled in 2024, it has been revealed. New accounts filed with Companies House show that Starlink’s turnover increased from £2.5m to £4.2m during its latest financial year. Starlink’s pre-tax profit also rose from £121,166 to £203,456. A statement signed [...]

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