Post #3329722
2026-06-07 22:17 UTC
Starlink is massively profitable, look at their balance sheets. It’s very simple, their users pay them a lot of money to access the internet. Far, far more than the launch costs to maintain the constellation.
Their defense launch business is also profitable, though I haven’t checked how much.
The Starship development and stupid acquisitions (xai) have been a money pit though.
Replies (1)
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@Lydon_Feen@lemmy.world 2026-06-07 22:28
Starlink is the only part of SpaceX operations that turns a profit. Rocket launches do not, and xAi is a bottomless money pit just like every other AI venture.