they’re doing an Amazon and burning venture capital to operate at a loss
Not anymore. Falcon 9 and starlink are both well-established and successful programs, and SpaceX has managed to turn a (small) profit this year. It’s not impossible to price match SpaceX, just highly unlikely that anyone will be able to do so with fully disposable rockets. As a result, it’s taking the rest of the launch industry a few years to adapt and catch up.
They cleared 2 million subscribers now and had a profitable quarter, but yeah, dude’s “aspirational goals” should go in the dumpster with every tech startup’s exponential growth projections.
Not anymore. Falcon 9 and starlink are both well-established and successful programs, and SpaceX has managed to turn a (small) profit this year. It’s not impossible to price match SpaceX, just highly unlikely that anyone will be able to do so with fully disposable rockets. As a result, it’s taking the rest of the launch industry a few years to adapt and catch up.
By charging Starlink through the nose. And Starlink is floating 95% on venture capital, and is generating about a tenth of what was projected .
They cleared 2 million subscribers now and had a profitable quarter, but yeah, dude’s “aspirational goals” should go in the dumpster with every tech startup’s exponential growth projections.
I mean, if you are going to shill for Elon, at least pick a less obvious username