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In 2024 Gwynne Shotwell said Starlink had a $600 million positive free cash flow based on $8.2 billion in revenue. Last year revenue estimates from both SpaceX
by laughing_man 6mo ago
In 2024 Gwynne Shotwell said Starlink had a $600 million positive free cash flow based on $8.2 billion in revenue. Last year revenue estimates from both SpaceX and from outside people adding up new military contracts came out to about $11.8 billion. Their fixed costs haven't gone up much, so the big unknown is development costs for military contracts. I think $2 billion is a reasonable, conservative estimate.
- metabagel 6mo agoHow much of that are they sinking into Starship?
- aeternum 6mo agoHopefully all of it. If Starship succeeds, and that seems incredibly likely given the tests thus far, it will create an entire industry. People underestimate how much ships changed the world. It will happen again, the only question is when.
- laughing_man 6mo agoProbably some, but $2 billion a year? That seems like too much.