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.
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.
You are 100% correct except for
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/
And they basically destroyed the business model of all other spacecraft manufacturers, which relied heavily on the geostationary telecom market.