Starlink is the part of spaceX making money. Selling a low latency global communications capability is a sound business model. The rocketry part is close to break even. I suspect it could do with a few more launches that weren’t starlink.
It’s xAI that’s tanking the whole thing. Without that SpaceX would be profitable. With it, it’s a trash stock.
Starlink is the part of spaceX making money. Selling a low latency global communications capability is a sound business model. The rocketry part is close to break even. I suspect it could do with a few more launches that weren’t starlink.
It’s xAI that’s tanking the whole thing. Without that SpaceX would be profitable. With it, it’s a trash stock.