5 ms·
How do you figure? SpaceX needs about a billion dollars of new capital injection every 18 months or so..
by jordanb 2y ago
How do you figure? SpaceX needs about a billion dollars of new capital injection every 18 months or so..
- ben_w 2y agoLast I heard, it was making a profit despite spending about 5bn on Starship: https://archive.ph/20230817224420/https://www.wsj.com/tech/behind-the-curtain-of-elon-musks-secretive-spacex-revenue-growth-and-rising-costs-2c828e2b https://archive.ph/20230817224420/https://www.wsj.com/tech/b... (I count "can make Starship on the side" as a QED of "making bank"). Regardless of how Starship concludes, when it does so it saves them ongoing costs, and turns "small profit" into "huge profit": either Falcon becomes redundant, or the R&D team does.