▲ 748 ▼ Let them eat starlink! (mander.xyz) submitted 1 year ago by Gsus4@mander.xyz to c/enoughmuskspam@lemmy.world 263 comments fedilink hide all child comments stolen from https://old.reddit.com/r/EnoughMuskSpam/comments/1kmadyp/musk_is_hiking_starlink_costs/
[–] Zetta@mander.xyz 23 points 1 year ago* (last edited 1 year ago) (1 child) Starlink is owned by spaceX so they've never purchased a rocket, they just launch And because of starlink SpaceX will be an insanely profitable company. Starlink is already bankrolling the very expensive starship development. permalink fedilink source parent hideshow 2 child comments replies: [–] Knock_Knock_Lemmy_In@lemmy.world 6 points 1 year ago (2 children) Who's bankrolling starlink? With xAI buying twitter and Tesla buying solarcity, Musk seems like he's playing the walnut/pea game. permalink fedilink source parent hideshow 4 child comments replies: [–] WoodScientist@sh.itjust.works 9 points 1 year ago (1 child) The original goal was that Starlink would be SpaceX's cash cow. The demand for rocket launches is growing, but it can only grow so fast. If you've built the capability to launch so many satellites that you can't find enough customers for all your launches, one option is to simply find ways to launch your own revenue-generating payloads into orbit. That was the original goal of Starlink, though it seems to be failing at that goal. permalink fedilink source parent hideshow 2 child comments replies: [–] Zetta@mander.xyz 5 points 1 year ago* (1 child) You are 100% correct except for though it seems to be failing at that goal. Starlink is expected to bring in 2 billion In profit this year, it is successful https://arstechnica.com/space/2025/02/starlink-profit-growing-rapidly-as-it-faces-a-moment-of-promise-and-peril/ permalink fedilink source parent hideshow 2 child comments replies: [–] GrosPapatouf@lemmy.world 4 points 1 year ago And they basically destroyed the business model of all other spacecraft manufacturers, which relied heavily on the geostationary telecom market. permalink fedilink source parent [–] Zetta@mander.xyz 3 points 1 year ago Starlink is bankrolling starlink, it's expected to generate 12 billion In revenue this year with 2 billion of that being profit Before it paid for itself spacex did and still does have a lot of very wealthy private investors willing to throw significant funds at the company permalink fedilink source parent
[–] Knock_Knock_Lemmy_In@lemmy.world 6 points 1 year ago (2 children) Who's bankrolling starlink? With xAI buying twitter and Tesla buying solarcity, Musk seems like he's playing the walnut/pea game. permalink fedilink source parent hideshow 4 child comments replies: [–] WoodScientist@sh.itjust.works 9 points 1 year ago (1 child) The original goal was that Starlink would be SpaceX's cash cow. The demand for rocket launches is growing, but it can only grow so fast. If you've built the capability to launch so many satellites that you can't find enough customers for all your launches, one option is to simply find ways to launch your own revenue-generating payloads into orbit. That was the original goal of Starlink, though it seems to be failing at that goal. permalink fedilink source parent hideshow 2 child comments replies: [–] Zetta@mander.xyz 5 points 1 year ago* (1 child) You are 100% correct except for though it seems to be failing at that goal. Starlink is expected to bring in 2 billion In profit this year, it is successful https://arstechnica.com/space/2025/02/starlink-profit-growing-rapidly-as-it-faces-a-moment-of-promise-and-peril/ permalink fedilink source parent hideshow 2 child comments replies: [–] GrosPapatouf@lemmy.world 4 points 1 year ago And they basically destroyed the business model of all other spacecraft manufacturers, which relied heavily on the geostationary telecom market. permalink fedilink source parent [–] Zetta@mander.xyz 3 points 1 year ago Starlink is bankrolling starlink, it's expected to generate 12 billion In revenue this year with 2 billion of that being profit Before it paid for itself spacex did and still does have a lot of very wealthy private investors willing to throw significant funds at the company permalink fedilink source parent
[–] WoodScientist@sh.itjust.works 9 points 1 year ago (1 child) The original goal was that Starlink would be SpaceX's cash cow. The demand for rocket launches is growing, but it can only grow so fast. If you've built the capability to launch so many satellites that you can't find enough customers for all your launches, one option is to simply find ways to launch your own revenue-generating payloads into orbit. That was the original goal of Starlink, though it seems to be failing at that goal. permalink fedilink source parent hideshow 2 child comments replies: [–] Zetta@mander.xyz 5 points 1 year ago* (1 child) You are 100% correct except for though it seems to be failing at that goal. Starlink is expected to bring in 2 billion In profit this year, it is successful https://arstechnica.com/space/2025/02/starlink-profit-growing-rapidly-as-it-faces-a-moment-of-promise-and-peril/ permalink fedilink source parent hideshow 2 child comments replies: [–] GrosPapatouf@lemmy.world 4 points 1 year ago And they basically destroyed the business model of all other spacecraft manufacturers, which relied heavily on the geostationary telecom market. permalink fedilink source parent
[–] Zetta@mander.xyz 5 points 1 year ago* (1 child) You are 100% correct except for though it seems to be failing at that goal. Starlink is expected to bring in 2 billion In profit this year, it is successful https://arstechnica.com/space/2025/02/starlink-profit-growing-rapidly-as-it-faces-a-moment-of-promise-and-peril/ permalink fedilink source parent hideshow 2 child comments replies: [–] GrosPapatouf@lemmy.world 4 points 1 year ago And they basically destroyed the business model of all other spacecraft manufacturers, which relied heavily on the geostationary telecom market. permalink fedilink source parent
[–] GrosPapatouf@lemmy.world 4 points 1 year ago And they basically destroyed the business model of all other spacecraft manufacturers, which relied heavily on the geostationary telecom market. permalink fedilink source parent
[–] Zetta@mander.xyz 3 points 1 year ago Starlink is bankrolling starlink, it's expected to generate 12 billion In revenue this year with 2 billion of that being profit Before it paid for itself spacex did and still does have a lot of very wealthy private investors willing to throw significant funds at the company permalink fedilink source parent
