| Some background from Gwen Shotwell back in February[1]: > While Musk said in October that Starlink was losing money, Shotwell offered a more upbeat assessment. “This year Starlink will make money,” she said, noting that the company’s Falcon launch vehicle and Dragon spacecraft, and other unspecified work, already makes money. > “We actually had a cashflow positive quarter last year, excluding launch. This year, they’re paying for their own launches, and they will still make money,” she said. > She said cash flow from operations pays for development, supplemented as needed by outside investment. Tackling both Starlink and the Starship launch vehicle at the same time, she argued, drives that need for outside investment. > “If we had done Starlink and then Starship, or Starship and then Starlink, we probably could have funded them through customer contracts and revenue from Falcon and Dragon. But you do both of them at the same time it’s a lot of money every year.” Combining this with today’s statement I think we can answer your questions: > Breakeven including launch costs? Yes - cash flow breakeven for the Starlink business unit which includes it’s launch costs. > Breakeven on only satellite operation costs? Breakeven when you exclude all satellite and ground infrastructure costs? Breakeven when you exclude all costs except Elon’s ego stroking expenses? No to all these alternatives. But why the dumb ad hominem? [1] https://spacenews.com/shotwell-ukraine-weaponized-starlink-i... |