Starlink subscribers hit 12M, ARPU drops to $66

SpaceX reports Starlink subscribers up 100% year-over-year to 12 million, versus a 12.19 million estimate, with monthly ARPU at $66, down from $85 a year earlier. The Redmond, Wash., satellites fund Elon Musk's AI ambitions, and the satellite internet business is only getting started.