Musk’s Starlink Profits Are More Elusive Than Thought

SpaceX’s prized Starlink satellite business is still burning through a lot of cash, according to sources. Andrea Lamari, managing partner at Cuatro Capital and a transitioning general partner at Manhattan Venture Partners, a venture firm that has invested in SpaceX across multiple funds under their management, joins Caroline Hyde and Ed Ludlow to weigh in…

Published

2 years ago

April 10, 2024

CYBER TECH TV

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19 Comments

@diamandidimitrov8643

April 10, 2024 at 2:45 pm

МОЖЕ ДА ИМА МНЕНИЕ
КОГАТО ЛИЧНО ТОЙ ДОЙДЕ
ГОДИНИ ДА РАБОТИ ПРИ
ГЛАВНА МАШИНА

Reply
@jamesb.492

April 10, 2024 at 3:15 pm

Typical American who has never travelled the world. In large parts of Earth nothing comes even close to Starlink. Including our vast oceans travelled by ten thousands of tourists on cruise ships.

Reply
- @Tr.ll..n
  
  April 10, 2024 at 4:28 pm
  
  Great work ELON =
  GENIUS = JEZUZ
  
  Reply
@Tr.ll..n

April 10, 2024 at 4:27 pm

In Musk I TRUST ❤????????

Reply
@mikeshaunnessey9303

April 10, 2024 at 5:25 pm

Perhaps Elon is a brilliant engineer and an idiot businessman.

Reply
- @TheMagicJIZZ
  
  April 10, 2024 at 6:40 pm
  
  What the fuck are you talking about it just launched in 2020
  
  It’s not meant to be profitable. It’s a decade away. That’s how you grow a business. You only need to be cash flow positive and then you absorb the cost
  
  Reply
- @justlooking4202
  
  April 11, 2024 at 3:48 am
  
  An idiot businessman doesn’t successfully run several multi billion dollar companies simultaneously.
  
  Reply
- @ADK117
  
  April 11, 2024 at 11:40 am
  
  i don’t think the world needs more good businessman.. Valuing profit and success over everything else has lead to too much bullshit look at boeing, purdue pharma
  
  Reply
@JA-pn4ji

April 10, 2024 at 6:32 pm

Musk’s only business success is Paypal. Tesla was a disaster until he was saved by China. SpaceX is a money guzzler with no profit in sight. X is overvalued. The Boring company is a boring joke. As for his solar energy company, the less said the better.
Musk’s talent is in creating illogical followership to boost his stock!

Reply
- @TheMagicJIZZ
  
  April 10, 2024 at 6:47 pm
  
  Everything you said is wrong so stfu
  
  spaceX was profitable before starship and starlink
  
  Tesla was profitable before china. Only the model 3 made Tesla massive
  
  PayPal? Stfu he was a co founder and largest Equity holder but he was fired by the board before eBay acquired it
  
  Tesla and spacex are amazing businesses. They would be even more profitable if you stop investing in the future. Like more factories or starship. The falcon 9 is a workhorse
  
  Also the boring company is a small engineering company it’s not meant to be a big company
  
  Solar? He never started a solar company that was his cousins business he never ran that business ever
  
  Reply
@TheMagicJIZZ

April 10, 2024 at 6:39 pm

Who even said starlink was profitable? Lmao it only launched in 2020

Maybe cash positive but it’s such an attack

Reply
@TheMagicJIZZ

April 10, 2024 at 6:57 pm

I dont understand titles negative framing

Starlink isnt a company it’s a business unit. Elusive? What does that even fucking mean? It’s a low earth orbit constellation? Every single one of them went bankrupt

Bill gates tried in the 1990s but starlink is cash flow positive already because its a netflix type subscription business

They arent making money on the terminals like sony and xbox never do on the consoles but make it back on the games

Reply
@SamSam-qm1li

April 10, 2024 at 7:39 pm

Another hit piece by bloom

Reply
@mrobinson

April 10, 2024 at 8:30 pm

What a biased guest! What was so ‘fantastic’ about Ed’s question when Caroline asked the same thing FIRST! Sometimes I worry about your whole ethos Bloomberg!

Reply
@jonaslismont370

April 10, 2024 at 11:33 pm

“consumer trust diminishes” hahaha. This service is like literally 10X better than the closest competitor ????

Reply
@Leon-pm6lr

April 11, 2024 at 1:40 am

it must get expensive

Reply
@Lord_Liverpool

April 11, 2024 at 4:25 am

I’ve been a Starlink customer for almost 12 months. I’m very happy.
It costs just €50 per month.
I’d have to wait 2-3 more years for National Broadband to be installed to get similar speeds and prices through fibre optics broadband.
I’ve convinced two of my neighbours to install Starlink.

My Starlink connection has zero outrages, with a Ping time of 47ms, an Average Download Speed of 300mbps & an Upload of 100mbps.

My old 4G LTE connection had an average download speed of 5Mbps with regular outages whenever there was a spot of bad weather!

Starlink has launched over 6000 satellites and their launch cadence increases apace.
How many satellites has Amazon launched? Just 2! Lmfao!!

How biased is this Blomberg article?
Especially the bar graph at 3:26
The graph is an underhanded tactic to make Starlink look bad.

Reply
@shoelessjoe428

April 11, 2024 at 4:37 am

Space is a slow game. I wish they could think a little bigger. Fire our plastic waste from the oceans into the sun. Deposit our nuclear waste on Jupiter. Mine rare earth metals in space. Satellites seem so 20th century.

Reply
@Goalcheck

April 11, 2024 at 2:48 pm

#SpaceX & The #Starlink service: Brilliant.
In reality, nothing else compares to #Starlinks coverage, speed, consistency, etc @the moment.
Bravo, keep up the good work.
#ElonMusk4president

Reply

Science & Technology

Investors Are Asking AI About Your Startup

What does ChatGPT say about your startup? Dr. Eike Gerhardt explains why founders should think about what LLMs will find when investors use AI to research their companies. Watch the full episode of Build Mode with Eike and Nephrogen founder Demetri Maxim for more advice on building a stronger investor pitch.

Published

22 hours ago

September 3, 2026

CYBER TECH TV

What does ChatGPT say about your startup?

Dr. Eike Gerhardt explains why founders should think about what LLMs will find when investors use AI to research their companies.

Watch the full episode of Build Mode with Eike and Nephrogen founder Demetri Maxim for more advice on building a stronger investor pitch.

Science & Technology

A PhD in Pitching Breaks Down a Startup Battlefield Pitch l Build Mode

There is no such thing as the perfect pitch. But you can get close by implementing a few research-backed methods to your delivery, deck, and message. In this episode of Build Mode, host Isabelle Johannesen sits down with Dr. Eike Gerhardt, who has aPhD in pitching and spent nearly a decade studying the science of…

Published

1 day ago

September 3, 2026

CYBER TECH TV

There is no such thing as the perfect pitch. But you can get close by implementing a few research-backed methods to your delivery, deck, and message.

In this episode of Build Mode, host Isabelle Johannesen sits down with Dr. Eike Gerhardt, who has aPhD in pitching and spent nearly a decade studying the science of startup pitching before starting Autopoiesis Sciences. And he’s joined by Demetri Maxim, co-founder and CEO of Nephrogen, who came in second at TechCrunch Startup Battlefield 2025.

Together, they break down Demetri’s actual Startup Battlefield pitch to unpack what worked, what could be improved, and what research tells us about how investors respond to founders. Eike explains why credibility signals matter, how technical founders can simplify without oversimplifying, and why Q&A should be treated as a second pitch. Demetri shares how he learned to explain complex biotech to generalist investors, how redesigning his deck changed his confidence onstage, and what he would do differently today.
They also explore how body language and authenticity affect a pitch, how investor questions can reveal bias, and how founders can use AI to prepare for difficult Q&A.

Here are the studies mentioned in the episode:
Kanze, D., Huang, L., Conley, M. A., & Higgins, E. T. (2018). “We Ask Men to Win and Women Not to Lose: Closing the Gender Gap in Startup Funding.” Academy of Management Journal
Figge, P., Graf-Vlachy, L., König, A., Demann, F., & Diessner, M. (2025). “Shades of Grey or Black and White? How Entrepreneurs’ Use of Cognitively Complex Language Affects Investor Funding.” Entrepreneurship Theory and Practice
Clarke, J. S., Cornelissen, J. P., & Healey, M. P. (2019). “Actions Speak Louder than Words: How Figurative Language and Gesturing in Entrepreneurial Pitches Influences Investment Judgments.” Academy of Management Journal
Jiang, L., Yin, D., & Liu, D. (2019). “Can Joy Buy You Money? The Impact of the Strength, Duration, and Phases of an Entrepreneur’s Peak Displayed Joy on Funding Performance.” Academy of Management Journal.
Chen, X.-P., Yao, X., & Kotha, S. (2009). “Entrepreneur Passion and Preparedness in Business Plan Presentations: A Persuasion Analysis of Venture Capitalists’ Funding Decisions.” Academy of Management Journal
Zhu, L. Y., Young, M. J., & Bauman, C. W. (2024). “Linking Anxiety to Passion: Emotion Regulation and Entrepreneurs’ Pitch Performance.” Journal of Business Venturing
Allison, T. H., Davis, B. C., Webb, J. W., & Short, J. C. (2017). “Persuasion in Crowdfunding: An Elaboration Likelihood Model of Crowdfunding Performance.” Journal of Business Venturing
Clark, C. (2008). “The Impact of Entrepreneurs’ Oral ‘Pitch’ Presentation Skills on Business Angels’ Initial Screening Investment Decisions.” Venture Capital

Subscribe to Build Mode:
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Wherever you like to listen
New episodes of Build Mode drop every Thursday.

Bloomberg Technology

Uber, Wayve Unleash Supervised Robotaxis in London

Uber now lets you book a robotaxi in London — but you’ll still be joined by a human in the front seat. Olivia Solon explains why. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get the…

Published

1 day ago

September 3, 2026

CYBER TECH TV

Uber now lets you book a robotaxi in London — but you’ll still be joined by a human in the front seat.

Olivia Solon explains why.
——–
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