Science and Technology News and Videos
"Starlink is also now a majority of all active satellites and will have launched a majority of all satellites cumulatively from Earth by next year," he said at the time.rigged the numbers in his favor by greatly underplaying the costs involved in launching the satellites, when in reality the company is losing "hundreds of dollars on each of the millions of ground terminals it ships.
The company has kept its financials close to its chest, especially while fundraising. During a March press conference, SpaceX CFO Bret Johnsen appeared cagey, telling reporters in a carefully worded comment that "I don’t know that I want to quantify those numbers, but we are in positive cash flow and profitable territory for our satellite business now."
In short, is SpaceX's Starlink business cashflow positive, as Musk claims, or merely in "profitable territory"? The distinction could make all the difference for Musk's outsize plans for space colonization.The mercurial CEO has long argued that the internet satellite broadband arm of his space company will provide the funding necessary toDespite eclipsing the total number of all operating satellites in Earth's orbit, Starlink isn't just struggling to cut even.
In other words, SpaceX will have to pump out untold numbers of satellites to keep up with quickly growing bandwidth demands., all major US airlines have rejected SpaceX's Starlink to provide internet service on flights, though an exact reason as to why remains unclear. Nonetheless, SpaceX has exceeded expectations when it comes to generating revenue over the years. Sales could grow from $4.7 billion a year ago to $15 billion this year, per
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Psaki sounds alarm on third party candidates as major threat to Biden: 'Huge, huge, huge problem'During MSNBC's 'Morning Joe,' former White House press secretary Jen Psaki claimed third-party presidential candidates are the 'biggest threat' to Biden's campaign.
Read more »
Grey’s Anatomy Season 20 Just Exposed A Huge Problem With The Show’s DoctorsInterns shouldn't have borne that weight.
Read more »
This '3 Body Problem' Character Is a One-Body Problem for the ShowJulio is a features writer with nearly a decade of experience writing for the Brazilian pop culture website Cinema Com Rapadura before joining Collider. He studied History and International Relations at university but fell in love with pop culture growing up in the 1990s.
Read more »
3 Body Problem Tops Netflix Charts for Second Week3 Body Problem, the new sci-fi series from Game of Thrones creators David Benioff and D.B. Weiss, is once again topping Netflix charts for the second week. Based on The Three-Body Problem by author Liu Cixin, the series marks Benioff and Weiss' first major undertaking since Game of Thrones ended in 2019. The world of 3 Body Problem is deeply rooted in complex sci-fi, with a twisting story that follows a group of scientists as they investigate an alien threat to Earth's very existence. Netflix has now released its global top 10 chart for the week of March 25 to March 31, and 3 Body Problem is now in the number 1 position after coming in second place the previous week. According to the data, the show brought in 15.6 million total views for the week with 115.6 million hours viewed. 3 Body Problem beats out the likes of Testament: The Story of Moses season 1 and The Gentlemen season 1
Read more »
Former Titans Scout Accused of Killing Pregnant Girlfriend Appears in CourtBlaise Taylor, a former Tennessee Titans scout, made his first court appearance as he faces charges of poisoning and killing his pregnant girlfriend. The district attorney is seeking a life in prison sentence for Taylor. The incident occurred on Feb. 25, 2023, when the girlfriend was rushed to the hospital but died before being able to speak to the police. Taylor, who previously worked for the Titans, has been charged with two first-degree murder charges due to the death of the unborn child as well.
Read more »
Stablecoin Expansion Continues as Bitcoin Rally Appears to StallOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Read more »