Elon Musk: Starlink Aims to Be the First LEO Satellite Network That Doesn’t Go Bankrupt

Elon Musk: Starlink aims to be the first non-bankrupt communications satellite constellation.

“It's really important to just set the stage for LEO communications constellations. Guess how many LEO constellations didn't go bankrupt? Zero.

Iridium's doing okay now, but the Iridium 1 went bankrupt. Orbcomm, Globalstar and Teledesic went bankrupt.

There are a bunch of others that didn't get very far and also went bankrupt. It would be a big step [for Starlink to not go bankrupt]. Let's have more than zero in the not bankrupt category.”

Satellite Conference, March 20, 2020