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Financial analysis shows Starlink is making money
Posted: Sun, May 12 9:17 AM ET (1317 GMT) SpaceX is making money on Starlink today even as it continues to build out the constellation. A financial model of Starlink developed by Quality Space and discussed in a webinar Thursday calculated that SpaceX will generate $6.6 billion in revenue from Starlink this year, enough to generate positive free cash flow even when accounting for the costs to build and launch satellites. Starlink has 2.7 million subscribers and is growing in 75 countries, making inroads primarily in wealthier markets as a "rich world service" rather than bridging the divide in developing countries. SpaceX is able to keep its costs down through aggressive vertical integration and high-volume production.
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SpaceX launches Starlink satellites from Florida and California
Posted: Sun, May 12 9:16 AM ET (1316 GMT) SpaceX launched one set of Starlink satellites from Florida Wednesday and another from California a little more than a day later. A Falcon 9 lifted off from Kennedy Space Center's Launch Complex 39A at 2:42 pm EDT (1842 GMT) and placed 23 Starlink satellites into orbit. SpaceX has now conducted 83 Falcon 9 and Falcon Heavy launches from LC-39A, exceeding the number of shuttle launches from that pad over three decades. Another Falcon 9 lifted off at 12:30 am EDT (0430 GMT) Friday from Vandenberg Space Force Base in California and placed 20 Starlink satellites into orbit. The launch was scheduled for Wednesday night but scrubbed for undisclosed reasons. The 20 Starlink satellites on this launch included 13 with direct-to-cell payloads.
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China launches MEO communication satellites Posted: Sun, May 12 9:12 AM ET (1312 GMT) China launched a pair of medium Earth orbit broadband satellites late Wednesday. A Long March 3B rocket lifted off at 9:43 pm EDT (0143... Rocket Lab delays Neutron first launch to 2025 Posted: Sun, May 12 9:10 AM ET (1310 GMT) Rocket Lab says its Neutron medium-lift rocket won't be ready for a first launch before the middle of 2025. The company said in... China launches imaging satellites Posted: Sun, May 12 9:09 AM ET (1309 GMT) China launched the first Long March 6C rocket late Monday. The rocket lifted off from the Taiyuan Satellite Launch Center at 11:21 pm EDT (... |
Friday, May 17
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AP 3:54 am ET (0754 GMT) Thursday, May 16
Proliferation Provides Space Force Resilience, New Challenges
National Defense Magazine 6:29 am ET (1029 GMT) |