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Re:Starlink internet is going from rural savior to unreliabl... by BurningFrog on Monday April 03, 2023 @10:02AM (#35423719)
Huh. Looks like you're right: https://www.crunchbase.com/organization/space-exploration-te...

I didn't expect that, since the company makes a lot of money. I guess they also invest a lot.

Anyway, thinks for the info update!

Re:Starlink internet is going from rural savior to unreliabl... by shaklee3 on Monday April 03, 2023 @10:48AM (#35424544)
That's the thing, they don't make a lot of money. there was a WSJ article a few years back that showed they absolutely need StarLink to expand that full capacity very early to be profitable. there are not making enough money on launches to sustain the run rate. originally musk said starlink would be profitable with falcon 9. that clearly changed and now the only way it's profitable is with starship.