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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…
Bloomberg Technology
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@diamandidimitrov8643
April 10, 2024 at 2:45 pm
МОЖЕ ДА ИМА МНЕНИЕ
КОГАТО ЛИЧНО ТОЙ ДОЙДЕ
ГОДИНИ ДА РАБОТИ ПРИ
ГЛАВНА МАШИНА
@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.
@Tr.ll..n
April 10, 2024 at 4:28 pm
Great work ELON =
GENIUS = JEZUZ
@Tr.ll..n
April 10, 2024 at 4:27 pm
In Musk I TRUST ❤😂🎉
@mikeshaunnessey9303
April 10, 2024 at 5:25 pm
Perhaps Elon is a brilliant engineer and an idiot businessman.
@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
@justlooking4202
April 11, 2024 at 3:48 am
An idiot businessman doesn’t successfully run several multi billion dollar companies simultaneously.
@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
@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!
@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
@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
@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
@SamSam-qm1li
April 10, 2024 at 7:39 pm
Another hit piece by bloom
@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!
@jonaslismont370
April 10, 2024 at 11:33 pm
“consumer trust diminishes” hahaha. This service is like literally 10X better than the closest competitor 😂
@Leon-pm6lr
April 11, 2024 at 1:40 am
it must get expensive
@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.
@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.
@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