Re:Starlink Mini 2
by inemesitaffia on Wednesday November 11, 2026 @02:09AM
(#50450525)
https://news.ycombinator.com/item?id=50450510
Claims are based on nonsense.
Launch 20 million satellites at 600k is clear from reading the financials
You haven’t read the financials, clearly. Starlink does not pay for launch. It’s that simple.
No, the claims are based on SpaceX's financials (you should try reading them).
Starlink's launch costs are not booked as costs to Starlink (nor revenue to Space). They're booked as depreciation over an undefined time period.
It's the "we've got a bunch of rockets lying around... sometimes other folks in the company use them when they're not working for space lift clients..." view.
The fuel would have to be expensed, but generally speaking its impossible to say how unprofitable Starlink is because they don't account for it that way or break those costs out.
When they swallow Tesla it'll be more of the same, and thats the point. Musk is trying to obfuscate the (poor) performance of his businesses so he can maintain delusional market valuations based of vague promises.
Yes this is correct.
Re:Starlink Mini 2
by inemesitaffia on Thursday November 12, 2026 @07:04AM
(#50465962)
The costs aren't hidden anywhere.
They are very visible.
Re:Starlink Mini 2
by inemesitaffia on Thursday November 12, 2026 @07:02AM
(#50465945)
I've read them.
The costs aren't hiding somewhere vague.
Starlink could be seen as a 'fire sale' of launch capacity rather than a sound business move.