Comment by NetMageSCW
Comment by NetMageSCW 3 days ago
> Estimates have SpaceX doing about $3B in annual earnings
Ummm that information seems terribly out of date or is just uninformed- Starlink alone is estimated around $8 billion for 2024 and projected around $12 billion for 2025, with continued growth.
That's revenue. Earnings (profit) is what's relevant, because as you can imagine putting stuff in space is pretty expensive!