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Technology leader and strategic advisor, car nerd, travel enthusiast, veteran
Header picture is the view west from Tongue Point, Salt Creek Recreation Area, on the northern coast of the Olympic Peninsula

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arstechnica , to Random
@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

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.

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