Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
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Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#2> In 2021, Musk said SpaceX would spin off and take Starlink public once its cash flow was reasonably predictable.
As long as authoritarian governments predictably shut off all internet to their extremely ironic ghettos
Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#3previously: https://news.ycombinator.com/item?id=38114798
Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#4> In 2021, Musk said SpaceX would spin off and take Starlink public once its cash flow was reasonably predictable. As long as authoritarian governments predictably shut off all internet to their extremely ironic ghettos
Which authoritarian governments is Starlink circumventing?
Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#5[deleted]
Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#6I don't trust Elon Musk words, at all. It doesn't mean I think it is wrong, but that it can be right or wrong, and material evidence may point to either direction, but what Elon Musk says is random noise to me. At least when he is talking about his business. He is like a professional poker player, you never know when he is bluffing.
In the case of Starlink, on what grounds does it "breakeven"? It is a department of a private company, there is no way to know. In particular, Starlink is entirely dependent on SpaceX launches. How much does Starlink pays SpaceX for its launches? It is a completely arbitrary value. In reality, the money doesn't leave the company.
For what I know, it may just be a pumping scheme for a future IPO, with the goal of eventually funneling investor money from a public Starlink to a private SpaceX. Or maybe not, Elon Musk is way smarter than me when it comes to business, that's why he is a billionaire and I am not, I can't predict his moves, but I know enough not to trust him.
Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#7I am really curious how much Musk extracted from American taxpayers. Tesla, SpaceX, Starlink everything is or was substituted by tax money. Without the Ukraine war and all the terminals and monthly payments from different governments Starlink would have no chance to break even so early.
Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#8I am really curious how much Musk extracted from American taxpayers. Tesla, SpaceX, Starlink everything is or was substituted by tax money. Without the Ukraine war and all the terminals and monthly payments from different governments Starlink would have no chance to break even so early.
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Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#9I am really curious how much Musk extracted from American taxpayers. Tesla, SpaceX, Starlink everything is or was substituted by tax money. Without the Ukraine war and all the terminals and monthly payments from different governments Starlink would have no chance to break even so early.
Probably one of the best uses of taxpayers money. Better than the wars. By the way, Fairchild Semiconductor, the first chip company, the predecessor of Intel was also supported by taxpayers money, because its largest orders came from the Apollo program and the military.
Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
#10I don't trust Elon Musk words, at all. It doesn't mean I think it is wrong, but that it can be right or wrong, and material evidence may point to either direction, but what Elon Musk says is random noise to me. At least when he is talking about his business. He is like a professional poker player, you never know when he is bluffing. In the case of Starlink, on what grounds does it "breakeven"? It is a department of a…
>In the case of Starlink, on what grounds does it "breakeven"? It is a department of a private company, there is no way to know. In particular, Starlink is entirely dependent on SpaceX launches. How much does Starlink pays SpaceX for its launches? It is a completely arbitrary value. In reality, the money doesn't leave the company.
Well, this is solved by him using cash flow instead of profitability, although I agree everything that elong says should be served with a massive grain of salt