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Ars Live: How Profitable is Starlink? (arstechnica.com)

submitted 7 months ago by threelonmusketeers to c/spacex

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Direct link to livestream: https://www.youtube.com/watch?v=QybbBmrRvcY

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[–] [email protected] 9 points 7 months ago (1 children)

According to a new report by Quilty Space, the answer is yes. Quilty built a model to assess Starlink's profitability. First, the researchers assessed revenue. The firm estimates this will grow to $6.6 billion in 2024, up from essentially zero just four years ago. In addition to rapidly growing its subscriber base of about 3 million, SpaceX has also managed to control costs. Based upon its model, therefore, Quilty estimates that Starlink's free cash flow from the business will be about $600 million this year.

[–] threelonmusketeers 2 points 7 months ago

Sounds promising! I think booster reuse definitely must help to keep costs down.