this post was submitted on 09 Sep 2024
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Can we revoke his government contracts now?
I think I heard "Nationalize SpaceX" just now, and I have no complaints. Self funded NASA might get things done.
SpaceX can't survive without govt grants upwards of 8 billion USD ? per year?
So thats coming out of NASA.... which means not self-sufficient ...
https://payloadspace.com/estimating-spacexs-2023-revenue/
8 BEEELLION USD per YEAR for a Private Business Owner ... PLEASE SIGN ME UP ! :-D
Are you seriously thinking that SpaceX can generate 8 BILLION USD revenue ????
StarLink probably brings in about 30 to 50 USD million per year .... thats not taking into account the cost of StarLink satellite launches .... so that is probably break-even or a small loss-leader. ( there are maybe about 80 million StarLink customers ? paying 50 USD per month ... )
Please give me even 1 MILLION USD ! :-D Let alone 8 ! EIGHT ! VIII !!! BEEELLLION DOLLARS !!!!!
Well, they're a private company so it's not reported. 8 Billion seems to be the consensus on guesses though. I believe the estimates put starlink revenue at roughly 3 billion.
3 billion from StarLink is not even remotely believable. StarLink does not have a customer base of 100+ million yet.
The US military (and other militaries) are also customers. They pay substantially more per month.