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Short answer: A customer would pay the $74M Falcon 9 list price, but SpaceX launching its own satellites pays only its internal cost, which it does not publish. Its June 2026 prospectus says Starlink launches earn no inter-segment revenue; their launch costs are capitalised into the satellites. The best on-record figure is old: in May 2020 Elon Musk told Aviation Week that a reused Falcon 9 had a marginal cost of about $15 million in the best case. Falcon 9 Starlink missions now carry up to 29 V2 Mini satellites; on Starship Flight 14 (September 28, 2026) SpaceX deployed 26 larger V3 satellites, and it expects Starship to carry up to 60 V3s per launch.
List and rideshare prices as of 2026-10-11. Figures track the launch cost guide; contract prices vary.
| Option | Price | Notes |
|---|---|---|
| Falcon 9 list price (external customer) | $74M | What Starlink would pay if it were a customer (2026 price sheet) |
| Falcon 9 marginal cost, reused booster | ~$15M (Musk, 2020) | Best-case figure Elon Musk gave Aviation Week in May 2020; SpaceX has published no newer one |
| Starlink V2 Mini satellites per Falcon 9 | Up to 29 | Spaceflight Now, February 2026; some missions carry fewer |
| Starlink V3 satellites per Starship | 26 on Flight 14; up to 60 planned | Flight 14 deployed 26 V3 satellites; it first reached orbit on Flight 14, September 28, 2026, SpaceX reported. SpaceX's prospectus expects up to 60 V3s per launch. |
| Starlink revenue (Connectivity segment), 2025 | $11.4B | Operating income $4.4B, per SpaceX's June 2026 prospectus |
Up to 29 V2 Mini satellites on a Falcon 9 (Spaceflight Now, February 2026), fewer on some missions. Starship's first orbital flight deployed 26 V3 satellites, and SpaceX expects up to 60 per Starship launch.
SpaceX does not break it out. Its prospectus says total Falcon launches rose from 134 in 2024 to 165 in 2025, that much of that capacity goes to Starlink, and that those launch costs are capitalised into the satellites rather than billed.
SpaceX's June 2026 prospectus reports that its Connectivity segment, driven mainly by Starlink, earned $11.387 billion in revenue and $4.423 billion in operating income in 2025.
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