[NitpickLawyer]

> I'm surprised they didn't take less risks just to avoid a narrative of failure.

That's the advantage of being privately owned. "Vibes" (hah) don't matter. Public opinion doesn't matter. What matters is executing on your vision / goals. And they're doing that.

The fact that they're bringing in loads of cash from Starlink surely helps. They haven't had the need to raise money in a while, now.