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Re:20k federal workers take "buyout" so far, official says by verzali on Thursday February 06, 2025 @08:52AM (#42962280)
SpaceX is not insanely profitable. Starlink might become so, but it isn't yet.
Re:20k federal workers take "buyout" so far, official says by adastra22 on Thursday February 06, 2025 @02:11PM (#42965478)
Only because they're funneling every dollar they earn into Starship. But as Starship contributes absolutely nothing to current revenue, excluding those costs is the only fair apples-to-apples comparison. We don't know their exact costs because SpaceX is still a private company, but estimates are on the order of 60% profit margin across their business lines.