Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
SpaceX Preps for Global Tests of Cellular Starlink System https://t.co/Eko8BKLq1U
SpaceX likes to say Starlink is in 'profitable territory.' People familiar with the company's financials say it's not so simple. https://t.co/5EA3TOibqc
API startup Noname Security nears $500M deal to sell itself to Akamai: https://t.co/Su5qjlf7nA by TechCrunch #infosec #cybersecurity #technology #news
Internal financial documents from SpaceX reveal significant investment in ambitious projects, with $661 million dedicated to Starlink and Starship programs in 2019 alone. Despite SpaceX's claim of Starlink's profitability, insiders suggest the satellite business is consuming more cash than it generates.
