Reportedly they turned down many more investors than they accepted in the recent funding round, because they wanted a great proportion of the shares available v

Reportedly they turned down many more investors than they accepted in the recent funding round, because they wanted a great proportion of the shares available vs. the funds that were offered. They could have raised way more than $2B + $1B if they'd been willing to go for further dilution. Musk has been quite open about how starlink will need to go through a deep trough of low revenues and high expenses, before it can become self sustaining from the monthly subscription revenue of millions of customers.