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Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

reuters.com

21–30 of 103 posts

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#21
post #19
post #11

Earlier quoted context omitted.

Although not explicitly stated, there seems to be an underlying implication that "[extracting] money from American taxpayers" is somehow illegitimate or dishonorable. What's wrong with getting money from the government, as long as the goods/services were delivered as promised and there was no corruption involved? The government wanted to promote electric vehicles, and teslas are legitimately good cars. The government…

The only way in which it’s an issue is Musk being a libertarian opposed to government spending. He has repeatedly spoken against spending. He strongly opposes the infrastructure bill. I haven’t checked but the infra bill has an EV section and I suspect Tesla will get infra money. Presumably he believes using taxpayer money to build his own companies is the good kind of capital allocation, but it’s facetious to speak…

>He has repeatedly spoken against spending. He strongly opposes the infrastructure bill. I haven’t checked but the infra bill has an EV section and I suspect Tesla will get infra money.

1. if this was reversed, wouldn't we expect to see headlines along the lines of "Musk spent millions on lobbying for spending bill that will bring in billions for his companies"? Seems like he's going to get flak either way

2. I don't see the contradiction between advocating against a given policy, but still taking full advantage of it when it passes. Suppose you're against a tax cut bill, but it passes anyways. Are you going to forgo the tax cut and give the extra money to the government?

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#22
post #21
post #19

Earlier quoted context omitted.

The only way in which it’s an issue is Musk being a libertarian opposed to government spending. He has repeatedly spoken against spending. He strongly opposes the infrastructure bill. I haven’t checked but the infra bill has an EV section and I suspect Tesla will get infra money. Presumably he believes using taxpayer money to build his own companies is the good kind of capital allocation, but it’s facetious to speak…

>He has repeatedly spoken against spending. He strongly opposes the infrastructure bill. I haven’t checked but the infra bill has an EV section and I suspect Tesla will get infra money. 1. if this was reversed, wouldn't we expect to see headlines along the lines of "Musk spent millions on lobbying for spending bill that will bring in billions for his companies"? Seems like he's going to get flak either way 2. I don't…

If he was doing (1) that would preserve his integrity. Sure he’d get flack, but his position would be consistent.

Maybe Tesla had to use the tax money for competitive reasons and under investor pressure, and Musk personally disagrees with the general system of government handouts. Ok I’ll buy that but I haven’t heard such a nuanced take from him.

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#23
post #22
post #21

Earlier quoted context omitted.

>He has repeatedly spoken against spending. He strongly opposes the infrastructure bill. I haven’t checked but the infra bill has an EV section and I suspect Tesla will get infra money. 1. if this was reversed, wouldn't we expect to see headlines along the lines of "Musk spent millions on lobbying for spending bill that will bring in billions for his companies"? Seems like he's going to get flak either way 2. I don't…

If he was doing (1) that would preserve his integrity. Sure he’d get flack, but his position would be consistent. Maybe Tesla had to use the tax money for competitive reasons and under investor pressure, and Musk personally disagrees with the general system of government handouts. Ok I’ll buy that but I haven’t heard such a nuanced take from him.

It’s an absurd complaint.

An NBA coach may not like changes in rules around “traveling” in the past 20 years, but either they embrace the new rules and have their players take the extra step or they just lose to teams that do.

Advocate for the rules you want, but play the game with the rules it actually has.

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#24
post #11

Earlier quoted context omitted.

Although not explicitly stated, there seems to be an underlying implication that "[extracting] money from American taxpayers" is somehow illegitimate or dishonorable. What's wrong with getting money from the government, as long as the goods/services were delivered as promised and there was no corruption involved? The government wanted to promote electric vehicles, and teslas are legitimately good cars. The government…

The idea that SpaceX (which actively fought against cost-plus accounting in favor of fixed-cost contracts and has greatly reduced the cost of launch services) is ‘extracting money from American taxpayers’ is laughable. SpaceX is the death knell of the old space industry, whose primary function was delivering recycled tech late and over budget. In the fullness of time it will save the government many tens of billions…

Don't bother with facts for the elon haters, they are emotionally invested in Elon being an evil billionaire right winger, who is only around because of government tax incentives. Oh and it's his employees that did all the work, he just had money... (why didn't SLS, arianespace and blue origin work then? oh and the N1 russian rocket)

Never mind the hundreds of data points to the contrary, the media now hates Elon, and it's surprising just how effective they've been at turning many people against him.

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#25
post #6

I 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…

[deleted]

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#26
post #24

Earlier quoted context omitted.

The idea that SpaceX (which actively fought against cost-plus accounting in favor of fixed-cost contracts and has greatly reduced the cost of launch services) is ‘extracting money from American taxpayers’ is laughable. SpaceX is the death knell of the old space industry, whose primary function was delivering recycled tech late and over budget. In the fullness of time it will save the government many tens of billions…

Don't bother with facts for the elon haters, they are emotionally invested in Elon being an evil billionaire right winger, who is only around because of government tax incentives. Oh and it's his employees that did all the work, he just had money... (why didn't SLS, arianespace and blue origin work then? oh and the N1 russian rocket) Never mind the hundreds of data points to the contrary, the media now hates Elon, an…

It's really fascinating to see how the system reacts to agents of actual widespread change.

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#27
post #22

Earlier quoted context omitted.

If he was doing (1) that would preserve his integrity. Sure he’d get flack, but his position would be consistent. Maybe Tesla had to use the tax money for competitive reasons and under investor pressure, and Musk personally disagrees with the general system of government handouts. Ok I’ll buy that but I haven’t heard such a nuanced take from him.

It’s an absurd complaint. An NBA coach may not like changes in rules around “traveling” in the past 20 years, but either they embrace the new rules and have their players take the extra step or they just lose to teams that do. Advocate for the rules you want, but play the game with the rules it actually has.

You start its an absurd complaint, and end with advocate for the rules you want. Which is it?

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#28
post #24

Earlier quoted context omitted.

Don't bother with facts for the elon haters, they are emotionally invested in Elon being an evil billionaire right winger, who is only around because of government tax incentives. Oh and it's his employees that did all the work, he just had money... (why didn't SLS, arianespace and blue origin work then? oh and the N1 russian rocket) Never mind the hundreds of data points to the contrary, the media now hates Elon, an…

It's really fascinating to see how the system reacts to agents of actual widespread change.

Or perhaps two things could be true at the same time; SpaceX saves the government money on launches and Elon is a crazy shitposter on “X”

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#29

Earlier quoted context omitted.

It’s an absurd complaint. An NBA coach may not like changes in rules around “traveling” in the past 20 years, but either they embrace the new rules and have their players take the extra step or they just lose to teams that do. Advocate for the rules you want, but play the game with the rules it actually has.

You start its an absurd complaint, and end with advocate for the rules you want. Which is it?

Advocating for rule changes is reasonable. So is following the rules as they are.

Complaints of the following form are generally not reasonable:

“You advocated for A, but the actual rules are still B. How dare you play as if the rules are B and not A!!?”

Re: Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

#30
post #24

Earlier quoted context omitted.

The idea that SpaceX (which actively fought against cost-plus accounting in favor of fixed-cost contracts and has greatly reduced the cost of launch services) is ‘extracting money from American taxpayers’ is laughable. SpaceX is the death knell of the old space industry, whose primary function was delivering recycled tech late and over budget. In the fullness of time it will save the government many tens of billions…

Don't bother with facts for the elon haters, they are emotionally invested in Elon being an evil billionaire right winger, who is only around because of government tax incentives. Oh and it's his employees that did all the work, he just had money... (why didn't SLS, arianespace and blue origin work then? oh and the N1 russian rocket) Never mind the hundreds of data points to the contrary, the media now hates Elon, an…

They somehow prefer the money goes to Boeing and ULA that have been robbing the taxpayers blind by delivering mediocre stuff for excessive budgets.
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