News for hackers. Stuff that matters.
Re:SpaceX raises $1.16B in equity financing by hef19898 on Thursday April 15, 2021 @04:40AM (#26817754)
Then we agree to disagree. SpaceX is private funding, Ariane Space and others government contracts. Which SpaceX is also getting, by the way. To me, Starlink is for SpaceX what self-driving taxis are for Tesla.

And whether Starlink is actually profitable, after SpaceX moved that question on to them, can be further pushed out by raising VC money for Starlink.

This plays on so many levels, every VC pumped start-up plays this with so many markets and competitors. Maybe money really is to cheap and plenty full in general since 2008.

Re:SpaceX raises $1.16B in equity financing by Tuna-Fish on Thursday April 15, 2021 @08:47AM (#26819775)
> To me, Starlink is for SpaceX what self-driving taxis are for Tesla.

The difference is that self-driving taxis is very clearly in the far future, with major technical and regulatory hurdles, whereas Starlink, while still in the beta, now has tens of thousands of paying customers in a dozen countries, and more are added constantly. Given that the user terminals work, the satellites work, and they seem to be executing well in scaling the system, it's very hard to see a future where it won't be wildly profitable.