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every credible source I've seen has shown it's not going to make financial sense. so far the returns are extremely poor, and their user adds are far from where
by shaklee3 5y ago
every credible source I've seen has shown it's not going to make financial sense. so far the returns are extremely poor, and their user adds are far from where they wanted
blame the supply shortage or whatever you want, but they're paying thousands of engineers during this time, and it's not making money. I can send more links if you're interested.
- viczsaszbo 5y agoRight now nobody claims it's making money. Musk himself said gen 1 is "financially weak". They have 600k+ preorders and geo satellite people are very happy with it, which is a couple million users mostly in the US just from that. With 400 satellites per launch using Starship, Starlink looks much better financially. They plan on starting to launch Starship with Starlink this year. This reasonable analysis says about 3mil subscribers are needed without factoring in Starship. https://littlebluena.substack.com/p/common-sense-skeptic-debunking-starlink-0d5 https://littlebluena.substack.com/p/common-sense-skeptic-deb...
- shaklee3 5y agostarship is nowhere near ready to launch, and their Boca chica facility is now halted due to epa regulations
- viczsaszbo 5y agoActually, it is. It's expected to launch around Q2 2022. The NEPA FAA PEA is going to be decided upon on February 28th then if they get the greenlight a launch attempt will happen a couple months after that. For commercial launches, they are targeting 2023. Even if Starship gets delayed to 2023-24 it will still play a big roll in getting Starlink satellites up since they haven't started launching the gen 2 constellation yet.