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SpaceX is not insanely profitable. Starlink might become so, but it isn't yet.
by verzali 2y ago
SpaceX is not insanely profitable. Starlink might become so, but it isn't yet.
- adastra22 2y agoOnly because they're funneling every dollar they earn into Starship. But as Starship contributes absolutely nothing to current revenue, excluding those costs is the only fair apples-to-apples comparison. We don't know their exact costs because SpaceX is still a private company, but estimates are on the order of 60% profit margin across their business lines.