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Maxion
964 days ago
Uhm, no? Do you think all communications satellites operate at a loss?
3 comments
foobiekr
964 days ago
For literally decades.
Exactly this.
Someday I would like to understand how we got here as a society.
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sidibe
964 days ago
Do you think these faceless comms companies could have achieved what a superhero's company only just now achieved?
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bryanlarsen
964 days ago
All current communications satellite constellations are operating profitably now, but they all went through bankruptcy proceedings before becoming profitable.
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rpmisms
964 days ago
Edited for clarity. Something like starlink existing and being profitable was a pipe dream a decade ago.
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cma
964 days ago
Is cashflow break even in the middle of a 5 year lifespan profitable? It includes the ongoing depreciation of that limited lifespan I guess?
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Exactly this.
Someday I would like to understand how we got here as a society.