Elon Musk’s Starlink Is Winning on Wall Street as Stocks Rally

Would you switch airlines for better Wi-Fi? United Airlines says passengers are already doing it. The airline says Starlink is drawing passengers away from competitors, while SpaceX is earning billions from satellite connectivity. Both shares climbed more than 6% following third-quarter earnings. The results revealed how the same satellite internet service is becoming financially important to two very different businesses. “We are winning new long-term, brand-loyal United customers because they are trying us for Starlink” — United CEO Scott Kirby said in Tuesday’s earnings release . Starlink Can Influence Passengers to Switch Airlines? United now has Starlink on more than 640 aircraft, adding approximately three daily. Around half its flights offer the service free to MileagePlus members. More than 5.4 million passengers experienced it in September.

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