The SpaceX Sham

Post by inemesitaffia » Tue, Aug 25, 2026, 1:24 PM UTC

sfblah wrote: post #41

ggreer wrote: post #40

Earlier quoted context omitted.

I'm trying to address one very specific point: Whether Starlink is profitable. I'm not trying to litigate other business practices. The development timeline for a different's company's fancy car for the super-rich is not related to whether Starlink is profitable. You can't hide the truth if you say you're following GAAP in your SEC filings, and then publish numbers saying that Starlink is making money. Doing so risks…

ChatGPT estimates Tesla has received $33B in government money directly and indirectly. My guess is it’s much more, since there are intangible benefits such as free marketing. For SpaceX the estimate is $35B+. The reason no one else has lower launch costs is because no one else has a guaranteed customer willing to waste money on pointless rocket launches. SpaceX’s technology isn’t even particularly novel. If space ner…