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Starlink has achieved breakeven cash flow

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Re: Starlink has achieved breakeven cash flow

#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?

Re: Starlink has achieved breakeven cash flow

#4
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?

you're thinking of Starshield

Re: Starlink has achieved breakeven cash flow

#7
For those who don't know, capital expenses are depreciated over their useful lifetime (for StarLink sats, estimated at 5 years) and aren't accounted for by cashflow.

Cash flow positive tells you they're not going to go broke, at least until they need more capital expenses (5 years...), which is a milestone, sure.

But profit is a better measure of a business's value as a going concern. What happens in 5 years when they can finance with interest rates at 5% and they have competition? I don't know... If they were profitable and could give returns investors needed, that would tell you they can survive.

Re: Starlink has achieved breakeven cash flow

#9
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?

you're thinking of Starshield

Actually not, infrastructure has great geopolitical and geostrategic importance as laid out in the book just mentioned by Levine.

Those who control the data flow, access, search etc. control surveillance and the minds of the masses which is why funding is often seen from the sec state.

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