Analysis & Insights

Curated data and analysis on the trends shaping the space economy.

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Starlink Mobile: Bundling Unit Economics

March 19, 2026

During MWC Barcelona 2026, SpaceX announced the rebranding of its direct-to-cell service as Starlink Mobile, a name it had trademarked months earlier. The service already reaches over 13 million users across 12 countries through mobile network ope...

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What End-to-End Connectivity Means for Starlink’s Value

January 28, 2026

Executive Summary• Starlink is evolving from a satellite ISP into an end-to-end consumer connectivity platform, spanning home broadband (Standard Terminal), mobility broadband (Mini), and phone connectivity outside terrestrial coverage (Direct-to-...

$37B DTC Coverage-Gap TAM by 2030 — Mach33’s Open-Source DTC Demand Model

November 19, 2025

Executive SummaryDirect-to-Cell (DTC) connectivity (linking standard mobile phones directly to satellites) is shifting from concept to commercial reality. With Starlink, AST SpaceMobile, and major mobile carriers pushing rapidly toward operational...

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How Much Revenue Can SpaceX and ASTS Really Make From DTC? — The Full Mach33 Premium DTC Model

November 19, 2025

PreviewOur open-sourced TAM model showed the size of the Direct-to-Cell opportunity, but TAM is only half the story. The critical investor question is how much of that demand can be served once real-world constellation physics are applied?This Mac...

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SpaceX Intelligence Q3'25 Report

October 15, 2025

Mach33’s Q3 SpaceX Quarterly Report delivers the most comprehensive, data-driven valuation of SpaceX available outside the company. Built on our proprietary model, this quarter integrates updated Monte Carlo simulations with new Direct-to-Cell rev...

T-Mobile + Starlink DTC: From Texts to Data - But How Capable?

October 01, 2025

Executive Summary• FCC waiver unlocks viability: A +10 dB power boost approved in March 2025 lifts Starlink DTC performance from ~4 Mbps to mid-teens Mbps under sparse conditions, transforming weak, intermittent links into more consistent connecti...

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AST SpaceMobile’s 2026 Path: All Eyes on New Glenn

September 24, 2025

AST SpaceMobile is racing to deploy a constellation big enough to power direct-to-cell service across the U.S., Europe, Japan, and the U.K. in 2026, and we map the possible trajectories of its Block-2 launch campaign.

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Starlink Full-Stack Connectivity: $17B DTC Spectrum Bid Could Bypass Carriers

September 10, 2025

SpaceX’s $17B purchase of AWS-4/H-block spectrum and the rollout of V3 Starship-class satellites turn Starlink DTC into a very strong rural/suburban solution, and, paired with terrestrial Starlink hardware in cities, position Starlink as a full-st...

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Starlink’s Spectrum Roadmap: Unlocking Bands for Broadband and Direct-to-Cell

May 20, 2025

A concise, data-driven look at how Starlink is lining up little-used high-frequency bands for dish broadband while angling for scarce low-band spectrum to beam straight to smartphones.