4 ms·
Scuttlebutt I've heard is that the revenue mechanism of the whole complex is essentially a gigantic depreciation machine. Starlink sats de-orbiting all by thems
by lopsotronic 4mo ago
Scuttlebutt I've heard is that the revenue mechanism of the whole complex is essentially a gigantic depreciation machine. Starlink sats de-orbiting all by themselves get considered "depreciation". That one mechanism basically gives you a Saturn V sized firehose of tax holidays, because satellites aren't cheap, yo, and you can make all sorts of deals to essentially spread that around.
Is it true? I got no idea.
Supposedly, Tesla had some unique money games that vastly blew up their cash flow early on, less a car company and more a sort of tax arbitrage. So maybe it's in character.