• GenosseFlosse@feddit.org
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    1 day ago

    I thought starlink was just an alibi company to buy rocket launches from SpaceX, and make SpaceX appear profitable on paper?

    • Zetta@mander.xyz
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      17 hours ago

      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.

        • WoodScientist@sh.itjust.works
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          14 hours ago

          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.

        • Zetta@mander.xyz
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          14 hours 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

    • utopiah@lemmy.world
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      24 hours ago

      Then what, are you going to tell us next that going to Mars also was? Come on! /s