SpaceX stock drops 47% from its post-IPO high after a series of launch aborts, sending a chill through the broader tech and AI market ahead of August earnings.
I get what you’re getting at, but I’d argue that we should look holistically at spacex. If their business model is launching a bazillion satellites and making a bazillion dollars we have to look at the entire launch complex as operating capital of starlink and spaceai. It all depends on starship launching a bazillion times a day so we should include development costs of starship as costs of starlink. The need for these businesses are necessary because the boom in private bookings of rocket launches that was anticipated with cheap launch services hasn’t materialized and so they have an airport and planes without passengers.
I ain’t no rocket economist but it seems “all the money” that starlink makes arent enough.
I get what you’re getting at, but I’d argue that we should look holistically at spacex. If their business model is launching a bazillion satellites and making a bazillion dollars we have to look at the entire launch complex as operating capital of starlink and spaceai. It all depends on starship launching a bazillion times a day so we should include development costs of starship as costs of starlink. The need for these businesses are necessary because the boom in private bookings of rocket launches that was anticipated with cheap launch services hasn’t materialized and so they have an airport and planes without passengers.
I ain’t no rocket economist but it seems “all the money” that starlink makes arent enough.