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Starlink Is Beginning To Actually Make Money
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After years of launching and thousands of satellites now in orbit, Starlink has achieved breakeven cash flow. In the past, they met this milestone relative to satellite-specific costs and revenue while not including the cost of launching the hardware. This time, even with the cost of practically constant Falcon 9 missions, they are making enough revenue to offset these expenses.
This is big news for the company as they only plan to grow from here with tens of thousands of satellites still set to launch in the future. Combine this with continued work on Starship, SpaceX’s next-generation launch vehicle capable of launching hundreds of Starlink satellites at a time, and we could start to see a serious increase in coverage. Here I will go more in-depth into the finances of Starlink, the cadence of launches, plans for the future.. and more
Full article here -https://rumble.com/c/c-4889056
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