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's launch costs are not booked as costs to Starlink (nor revenue to Space). They're booked as depreciation over an undefined time period.