Redorbit11/3/2023

Elon Musk Says Starlink Now At “Breakeven” Cash Flow

Heidi
SpaceX CEO Elon Musk says the Internet-providing satellite constellation Starlink has “achieved breakeven cash flow,” meaning it is now bringing in as much money as it spends. Musk went on to say that Starlink now has the majority of active satellites in orbit and he expects the constellation to have most of the total satellites in orbit very soon. This led some commentators to speculate that Musk could spin Starlink off with an Initial Public Offering very soon. He had previously hinted that...