Re:Starlink's Disruption of the Space Industry
by venusenvy47 on Thursday May 30, 2024 @10:10AM
(#40523936)
Yearly revenue has no meaning without knowing the yearly operating cost. If their yearly operating cost is greater than yearly revenue, that's means they are still spending the funding dollars. What was their operating cost for 2023?
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Re:Starlink's Disruption of the Space Industry
by jillesvangurp on Thursday May 30, 2024 @10:20AM
(#40524071)
https://www.fool.com/investing/2024/03/17/how-much-money-wil...
A quick google search suggests they had a few billion in profit last year.
Re:Starlink's Disruption of the Space Industry
by throw9474 on Thursday May 30, 2024 @03:44PM
(#40527824)
Yeah those articles are bogus, they are just guessing at operating expenses and also exclude cap-ex, which is a big miss when we don't know satellite lifetimes.
Re:Starlink's Disruption of the Space Industry
by jillesvangurp on Thursday May 30, 2024 @08:34PM
(#40530325)
If you have better information, please share it. But so far this just sounds like baseless speculation.