Elon Musk said Thursday that SpaceX’s (NASDAQ:SPCX) Starlink can now provide reliable 10-gigabit-per-second upload and download connectivity anywhere in the world, marking a major step in the satellite internet network’s push from consumer broadband to high-capacity global data service.
Musk Touts Global 10 Gbps Starlink
“Starlink can now provide reliable 10 Gbps symmetric send/receive connectivity anywhere in the world,” Musk wrote on X, quoting a Starlink post that said the company had delivered peak speeds of up to 10 Gbps symmetric in Utqiagvik, Alaska, the northernmost U.S. city, 320 miles above the Arctic Circle. Starlink said bonded gateways can provide up to 20 Gbps symmetric service for remote and extreme environments.
The claim follows Starlink’s rapid growth. The service has surpassed 12 million active users across more than 160 countries, up from 9 million users reported in 2025.
Gen3 Filing Targets AI Data Demand
The multi-gigabit rollout also aligns with SpaceX’s recent Federal Communications Commission filing for a third-generation Starlink constellation. The plan seeks approval for up to 100,000 satellites in very low Earth orbit, designed to deliver ultra-low latency, multi-gigabit symmetrical throughput to companies, governments, and AI-powered devices.
The expansion comes as SpaceX is also raising prices in some higher-end markets. Starlink Business Aviation plans recently doubled in price, with the Regional 25 GB plan increasing to $4,000 a month from $2,000, according to published pricing details shared this week.
Rivals Push Global Satellite Networks
Competition is intensifying. Rocket Lab Corp. (NASDAQ:RKLB) agreed to acquire Iridium Communications Inc. (NASDAQ:IRMD) in an $8 billion deal that would combine Rocket Lab’s launch and spacecraft operations with Iridium’s global satellite network, spectrum and recurring communications services.
Amazon.com Inc. (NASDAQ:AMZN) is also moving closer to service. The company revealed last week that Amazon expects to begin initial internet service with its Leo broadband satellite network later this year after its latest launch pushed the constellation above 390 satellites.
According to Benzinga Edge Rankings, SpaceX stock does not show a favorable price trend in the Short, Medium, and Long term.
Price Action: SpaceX shares were down 0.93% to $150.75 during pre-market trading on Tuesday.
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