It says the launch costs are ~<20 million
So in other words, the net present value of each Starlink launch must be >= $20 million in order for Starlink to be a sustainable business.
Seems within the realm of possibility at this point in the company’s growth cycle?
Starlink is already showing net income and has shown net income for at least 3 years.
There's always people out there to minimize success of others.
It's not first. It's nothing new. It's not innovative.
There's an old article in WSJ that claimed SpaceX told investors that starlink was profitable if you excluded certain costs. We found out from the IPO that that was nonsense. SpaceX was charging starlink the internal cost of launch. Not the public pricing that everyone else charges.
That makes sense if you're not trying to split the company.
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