Elon Musk says SpaceX will launch "an order of magnitude more Starlink V3 satellites" than V2

Elon Musk, the leader of SpaceX and its Starlink internet service, has said the company’s next-generation V3 satellites would be launched in much larger numbers than the previous V2 generation, according to a report on SpaceX’s expansion. At the end of the second quarter, 10,200 satellites were in orbit, and the report suggests Musk’s plan could mean roughly 100,000 more entering orbit over the next few years. The proposal is part of SpaceX’s broader push to grow its satellite and AI computing operations. The article, which examines investment options tied to those trends, says chipmaker STMicroelectronics supplies components for SpaceX satellites and ground equipment and expects $3 billion in related revenue from 2026 through 2028, while noting SpaceX faces execution and financing risks.