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by Maxion 964 days ago
Uhm, no? Do you think all communications satellites operate at a loss?
3 comments

For literally decades.

Exactly this.

Someday I would like to understand how we got here as a society.

Do you think these faceless comms companies could have achieved what a superhero's company only just now achieved?
All current communications satellite constellations are operating profitably now, but they all went through bankruptcy proceedings before becoming profitable.
Edited for clarity. Something like starlink existing and being profitable was a pipe dream a decade 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?