starlink profit
by 2025, the company (SpaceX) think[s] broadband satellite internet could be a $30 billion-a-year business, generating six times more revenue than the company gets from launching rockets…
SpaceX expects Starlink to produce …more than $10 billion in [annual] operating profit.
…building Starlink is expected to cost $10 billion in total…
And as WSJ reported… there's a chance Musk could get U.S. taxpayers to pay for all of Starlink
https://www.fool.com/investing/2020/04/10/elon-musk-wants-taxpayers-to-pay-for-his-starlink.aspx
#musk #billionaires
by 2025, the company (SpaceX) think[s] broadband satellite internet could be a $30 billion-a-year business, generating six times more revenue than the company gets from launching rockets…
SpaceX expects Starlink to produce …more than $10 billion in [annual] operating profit.
…building Starlink is expected to cost $10 billion in total…
And as WSJ reported… there's a chance Musk could get U.S. taxpayers to pay for all of Starlink
https://www.fool.com/investing/2020/04/10/elon-musk-wants-taxpayers-to-pay-for-his-starlink.aspx
#musk #billionaires
Elon Musk Wants Taxpayers to Pay for His Starlink Satellites
And if you like cheap internet service, it might even be a good idea.Rich Smith (The Motley Fool)
