Musk is very aggressive about raising capital to accelerate scaling up. That Musk is raising sheds no light on profitability. He'll raise even with fat margins

Musk is very aggressive about raising capital to accelerate scaling up. That Musk is raising sheds no light on profitability. He'll raise even with fat margins if he thinks it's the fastest path to his goals. There's no question F9 has been deep into profitability for ages. Most people estimate they're operating at about 10% of the cost of their competitors now on a per flight basis.