Live data from Hacker News

Starlink has achieved breakeven cash flow

twitter.com

101–110 of 205 posts

Re: Starlink has achieved breakeven cash flow

#101

Earlier quoted context omitted.

That's interesting to me that you think criticism of Starlink means I'm wrapped up in the culture war. I suspect that you may be wrapped up in the culture war.

The dudes entire pseudo-intellectual overnight tone reeks of being Musk fanboy.

* overconfident

Re: Starlink has achieved breakeven cash flow

#102
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 own some SpaceX, am happy to take the chance without access to audited financials. Could go to zero, or maybe my kids will go to the moon.

How'd you get in on that? Sounds like it could be an interesting story.

Re: Starlink has achieved breakeven cash flow

#103
"Elon Musk has repeatedly stated his intention to offer an initial public offering (IPO) for Starlink once its revenue is growing predictably enough to attract investors"

I'll buy some shares if Starlink go IPO. this break even cash flow might bring the IPO one step closer.

https://www.nasdaq.com/articles/spacex-wins-a-$70-million-sp...

Re: Starlink has achieved breakeven cash flow

#104
post #60

Earlier quoted context omitted.

I’m not a huge Musk fan, but his shortcoming seems to be more having unreasonable projections about the future. I’m not aware of him lying about things in the present.

> "unreasonable projections about the future" I've heard a few of them, like concerns about AI which I don't think are unreasonable but I'm curious about what other projections he's had that are unreasonable?

The Cybertruck's supposed to be out by now. Also self-driving.

Re: Starlink has achieved breakeven cash flow

#105
post #39

Earlier quoted context omitted.

2 examples: He's accelerated the switch to electric cars. He's made transport to space a lot cheaper, saving a lot of taxpayer's money.

He didn't create Tesla, though I'll grant him some credit for creating a combination of product and hype that made for a popular EV. Gwynne gets all the credit for SpaceX IMO. Elon gets credit for letting her succeed.

> Gwynne gets all the credit for SpaceX IMO

It was nice of her to have the idea, pursue that idea through financial hell across many years, bankroll the start of the business top to bottom, use all of her connections to get it outside funded, and sustain it financially personally to the direct threat of personal bankruptcy.

Good thing she did all that and gets all the credit.

Re: Starlink has achieved breakeven cash flow

#106

Earlier quoted context omitted.

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.

Many people have strong opinions about Musk because he is intentionally inflammatory. He works hard for those negative opinions. To choose just one example of him clearly trying to generate engagement/outrage: https://twitter.com/elonmusk/status/1601894132573605888

[flagged]

Re: Starlink has achieved breakeven cash flow

#107

Earlier quoted context omitted.

Equally, I'm fascinated by people who white knight for him. I assume to some extent it must just be ideology. Objectively, he has a history of making bold claims about his products that either never come to fruition, or are delayed for years. Being skeptical of what he says is the rational choice. > have probably been positively impacted by him Well, every time my Model 3's wipers go batshit insane, I get a little ir…

> he has a history of making bold claims about his products that either never come to fruition To my knowledge, he has never lied about the present financial state of his companies. That gives him credibility in a way e.g. Yaccarino bullshitting about what fraction of Twitter’s advertisers have returned does not.

https://www.nbcnews.com/news/us-news/elon-musk-funding-secur...

Re: Starlink has achieved breakeven cash flow

#108

Earlier quoted context omitted.

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.

Equally, I'm fascinated by people who white knight for him. I assume to some extent it must just be ideology. Objectively, he has a history of making bold claims about his products that either never come to fruition, or are delayed for years. Being skeptical of what he says is the rational choice. > have probably been positively impacted by him Well, every time my Model 3's wipers go batshit insane, I get a little ir…

So if we don't dog-pile on a specific tech CEO and give the rest a pass we are white knights? I like to push back against the crowd when I see irrational dog-piling. Why is it that when Facebook is mentioned, the comments aren't trashing Zuckerberg in every other comment like when Musk is mentioned? Like he gets a free pass. That actually seems more ideologically driven, especially when you compare what Musk has done for humanity versus the destruction that Zuckerberg has brought. And I have deep concerns about Musk but I'm not irrational about it and I'm not constantly outraged and triggered when I see his name or companies mentioned.

Edit: Lol, bring on the downvotes, it only serves to prove my point.

Re: Starlink has achieved breakeven cash flow

#109
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.

It doesn't bother you to see someone take advantage of people's naivety with false promises?

Re: Starlink has achieved breakeven cash flow

#110
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 think starlink's private ownership is good for the world. I don't know enough about space but I hope there is room up there for a publicly owned satellite internet system.
Post reply on HN