It is a viable business product, latest estimates are Starlink will bring in a revenue of 12 billion in 2025 with about 2 billion being profit. Of course it’s not a public company so we don’t get official numbers, but you’re flat out wrong.
It is absolutely not a viable business product. All those numbers don’t hold up to even a giggle test when you count the costs of launches alone, not to mention ground operations, etc. Currently Starlink is alive only because of subsidies on these items. When (not if) the subsidies end, Starlink will return to losing hundreds of dollars on every terminal sold.
The fact that prices are jumping up now already kind of hints that it’s entering a sales death spiral. Costs go up. Customers go down. Income goes down. Costs go up. Etc. etc. etc.
Starlink is a failure as a business, and as is usual for a Kaptain Ketamine company the “numbers” they cite range misdirection to flat-out fiction.
When it’s all finished, and operating, that’s when the next Democratic government should take it from him. One person, especially one demonstrated to be mentally unstable, should not control the world’s Internet.
It is a viable business product, latest estimates are Starlink will bring in a revenue of 12 billion in 2025 with about 2 billion being profit. Of course it’s not a public company so we don’t get official numbers, but you’re flat out wrong.
https://arstechnica.com/space/2025/02/starlink-profit-growing-rapidly-as-it-faces-a-moment-of-promise-and-peril/
It is absolutely not a viable business product. All those numbers don’t hold up to even a giggle test when you count the costs of launches alone, not to mention ground operations, etc. Currently Starlink is alive only because of subsidies on these items. When (not if) the subsidies end, Starlink will return to losing hundreds of dollars on every terminal sold.
The fact that prices are jumping up now already kind of hints that it’s entering a sales death spiral. Costs go up. Customers go down. Income goes down. Costs go up. Etc. etc. etc.
Starlink is a failure as a business, and as is usual for a Kaptain Ketamine company the “numbers” they cite range misdirection to flat-out fiction.
When it’s all finished, and operating, that’s when the next Democratic government should take it from him. One person, especially one demonstrated to be mentally unstable, should not control the world’s Internet.