Comment on Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company
NotMyOldRedditName@lemmy.world 4 days agoGovernment contracts used to be their biggest revenue source, but it’s Starlink now.
They still need the government contracts though to help fund the capital expenditures to try and get starship working.
Thorry@feddit.org 4 days ago
NotMyOldRedditName@lemmy.world 3 days ago
Starlink has been profitable for over a year.
Thorry@feddit.org 3 days ago
NotMyOldRedditName@lemmy.world 3 days ago
Well it’s one thing if you don’t want to trust information that comes out on something like Reuters or when Glenn Shotwell said it was entering into profitability, but it’s another to continue to claim something otherwise like Starlink isn’t sustainable and is burning VC money.
At this point, it would be best to stay out of the conversation, or at least state something more like an opinion than come across as factual.