Elon Musk's Irish-based Starlink firm sees international profits soar

Internet and telecommunications firm saw profits double in 2024 compared to the previous year

Starlink is owned by Elon Musk's SpaceX company. 

Satellite internet company Starlink, which is owned by controversial billionaire Elon Musk, saw its international revenues and profit nearly double last year as competition in space begins to accelerate, the company’s latest financial documents show.

Starlink Internet Services Limited, which is principally involved in the sale of broadband internet and telecommunication services, is based in Ireland but provides services to various countries outside the US. It is ultimately owned by Mr Musk’s SpaceX company.