[cratermoon]

For all we know, SpaceX could be taking a page of out Amazon's book and undercutting competitors while losing money and sustaining it long enough to monopolize the market. Then they raise prices.

[pixl97]

Almost all of spaceXs launches are to launch their own sats. Simply put if their costs were as high as other providers they couldn't afford to do it. Other providers costs are out of control.

[BurningFrog]

That story had been told forever. First time over heard it about Amazon.

[cratermoon]

Amazon lost money for nine years after its founding. <https://www.computerworld.com/article/2575106/amazon-records...>

And it undercut its sellers <https://www.npr.org/2023/10/11/1204264632/amazon-sellers-pri...>

[inemesitaffia]

The money has to come from somewhere. Where's this place?

[cratermoon]

Intesa Sanpaolo banking and Saudi Arabia, among others. $9.8B in funding over 31 rounds, and 84 different investors.

[inemesitaffia]

They didn't invest until recently and 9.8 billion isn't enough to cover what SpaceX has done and still cover selling launches at a loss