arstechnica ,
@arstechnica@mastodon.social avatar

Just 5 years after its first launch, the Starlink constellation is profitable

Starlink's estimated free cash flow this year is about $600 million.

https://arstechnica.com/space/2024/05/just-5-years-after-its-first-launch-the-starlink-constellation-is-profitable/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

redcrate ,
@redcrate@mastodon.social avatar

@arstechnica just wait until the 50,000,000 or so pounds of those satellites start deorbiting after their 5 year life expectancy and burning up in earth's upper atmosphere, then we'll see how profitable this is.

AnxietyDescending ,
@AnxietyDescending@mastodon.social avatar

@arstechnica And my monthly Starlink bill just went up $30.

c20d ,
@c20d@hachyderm.io avatar

@arstechnica This quote from the article tells me that the whole analysis is suspect: “Because Starlink is part of SpaceX's portfolio, the company's true financial situation is private.”

Unless we see the books, I remain exceedingly skeptical that they are actually cash flow positive solely from organic operations.

ottaross ,
@ottaross@mastodon.social avatar

@arstechnica It would be ironic if this was the weekend that solar activity knocked them all out of service. lol

Kierkegaanks ,
@Kierkegaanks@beige.party avatar

@arstechnica minus elmo’s cut of 18 billion

Codhisattva ,
@Codhisattva@mastodon.social avatar

@arstechnica don’t forget to account for the massive environmental damage that the public subsidizes.

MisterMadge ,
@MisterMadge@universeodon.com avatar

@arstechnica
If we ignore all the externalities... then yea it's profitable.

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