A year after Elon Musk's acquisition of X for $44 billion, its valuation plummeted to just $19 billion, less than half of the purchase price. Concurrently, Musk's SpaceX faces scrutiny over the profitability of its Starlink satellite business. Reports suggest that despite claims of profitability, Starlink is not profitable on an ongoing basis, with undisclosed costs and creative accounting practices, such as excluding the significant expense of launching satellites, raising doubts about its financial health. Experts and insiders describe SpaceX's accounting as more art than science, indicating that the satellite business might not be as financially successful as previously claimed.