“In a 2015 presentation to investors, the Elon Musk-founded company initially predicted that Starlink would make $12 billion and $7 billion in operating profit in 2022.”
SpaceX told investors Starlink would have 20 million subscribers and $12 billion in revenue by the end of 2022. It ended the year with about 1 million subscribers and $1.4 billion. That is a miss of nearly 90% on both lines. The pitch deck sold a utility and the company delivered a niche ISP.