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Starlink has achieved breakeven cash flow

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11–20 of 205 posts

Re: Starlink has achieved breakeven cash flow

#11
post #8
post #5

This is huge. Space-based individual consumer services being profitable was a pipe dream a decade ago.

Uhm, no? Do you think all communications satellites operate at a loss?

For literally decades.

Exactly this.

Someday I would like to understand how we got here as a society.

Re: Starlink has achieved breakeven cash flow

#12
Who knows what this even means. Breakeven including launch costs? Breakeven on only satellite operation costs? Breakeven when you exclude all satellite and ground infrastructure costs? Breakeven when you exclude all costs except Elon’s ego stroking expenses?

Re: Starlink has achieved breakeven cash flow

#14
post #6

I don't trust a single thing he says at this point without evidence, I just can't possibly see it as breakeven without it, which we likely won't receive as they are a private corp.

Why does it matter to you? I am fascinated by people who have such strong opinions about Musk, particularly on the negative side. The vast majority have never met him and, if they were honest, have probably been positively impacted by him (or not at all).

Personally, I hope it’s true. Starlink is good for the world.

Re: Starlink has achieved breakeven cash flow

#15
post #8
post #5

This is huge. Space-based individual consumer services being profitable was a pipe dream a decade ago.

Uhm, no? Do you think all communications satellites operate at a loss?

Edited for clarity. Something like starlink existing and being profitable was a pipe dream a decade ago.

Re: Starlink has achieved breakeven cash flow

#16
post #6

I don't trust a single thing he says at this point without evidence, I just can't possibly see it as breakeven without it, which we likely won't receive as they are a private corp.

Why does it matter to you? I am fascinated by people who have such strong opinions about Musk, particularly on the negative side. The vast majority have never met him and, if they were honest, have probably been positively impacted by him (or not at all). Personally, I hope it’s true. Starlink is good for the world.

I don't really see why it would be surprising. He is an influential figure that is greatly impacting tech, culture and politics.

For better or worse is up to the individual opinion, but its not really weird to have a strong view on a polarising figure, especially one with the influence of musk.

Re: Starlink has achieved breakeven cash flow

#17

Who knows what this even means. Breakeven including launch costs? Breakeven on only satellite operation costs? Breakeven when you exclude all satellite and ground infrastructure costs? Breakeven when you exclude all costs except Elon’s ego stroking expenses?

It says right in the description: cash flow break even.

This is not the same as some fiscal year net income calculation.

Edit: fixed

Re: Starlink has achieved breakeven cash flow

#18
post #2

Isn't Starlink basically a part of the US military-industrial complex hiding behind stories of private enterprise, just like many other Silicon Valley companies intricate relationship with the security state as laid out in Yasha Levines Surveillance Valley?

most definitely yes. they can see me typing now

Re: Starlink has achieved breakeven cash flow

#19
post #6

I don't trust a single thing he says at this point without evidence, I just can't possibly see it as breakeven without it, which we likely won't receive as they are a private corp.

I suspect government contacts. And not US government contracts necessarily.

Re: Starlink has achieved breakeven cash flow

#20
post #5

This is huge. Space-based individual consumer services being profitable was a pipe dream a decade ago.

You mean like the numerous space-based services that have been making money over the past ~30 years?

I mostly remember them going out of business like Iridium did in 1999. Clearly the market wasn't there as no one I knew used satellite services for anything other than TV, and that model failed against broadband. Starlink is first time regular consumers like my family members actually paid for a satellite service.
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