SpaceX is expected to launch Starlink satellite internet services in Vietnam in Q4 2025, according to a government official. The Ministry of Science and Technology aims to license pilot services after the investor completes investment procedures and establishes a legal entity in Vietnam. The goal is to deploy services in the fourth quarter of 2025.
SpaceX is expected to launch Starlink satellite internet services in Vietnam in the fourth quarter of 2025, according to a government official. The Ministry of Science and Technology aims to license the pilot services using low-orbit satellites immediately after the investor completes investment procedures and establishes a legal entity in Vietnam. The goal is to deploy services in the fourth quarter of 2025 [1].
This development comes as SpaceX continues to expand its global reach. The company has already secured regulatory approval to launch Starlink in India, following a long wait for a license [2]. Starlink is currently operational in over 140 countries, territories, and markets worldwide, spanning all seven continents [2].
SpaceX's Starlink network is designed, owned, and operated by the company. According to data from astronomer Jonathan McDowell, SpaceX has launched over 9000 Starlink satellites to low-Earth orbit to provide service [2]. The company has more than 6 million users and counting [2].
The Vietnamese market represents a significant opportunity for SpaceX, given its large population and increasing demand for internet services. The company's entry into the market is expected to bring high-speed internet connectivity to rural and remote areas, bridging the digital divide [1].
SpaceX has been discussing plans to raise capital and sell insider shares, which could value the launch services provider at around $400 billion [2]. However, Elon Musk, the company's CEO, has stated that he is not in a rush to go public, suggesting that the public offering is not an immediate priority [2].
References:
[1] https://www.aol.com/news/spacex-expected-launch-starlink-services-031504708.html
[2] https://stocktwits.com/news-articles/markets/equity/spacex-starlink-gets-final-regulatory-approval-for-launch-in-india/chFUCU3R50K
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