The *= sign is called the Multiply AND Assign Operator.
It takes the value on the left, multiplies it by the value on the right, and saves the result in the same variable.
The value on the right side is being input into the variable on the left side.
Syntax:
$variable *= value;
Example:
<?php
$x = 5;
$x *= 3; // multiplies $x by 3, now $x is 15
?>
Output:
15
