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Musk stated that Starlink disrupts the balance

  • November 3, 2023
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SpaceX founder Elon Musk announced that Starlink satellite internet remains stable. gave information about this social networks HAccording to Ukrinform. “I am pleased to announce that SpaceX’s Starlink

Musk stated that Starlink disrupts the balance

Musk stated that Starlink disrupts the balance

SpaceX founder Elon Musk announced that Starlink satellite internet remains stable.

gave information about this social networks HAccording to Ukrinform.

“I am pleased to announce that SpaceX’s Starlink has reached breakeven cash flow! Great job by a great team,” Musk wrote.

He added that Starlink now accounts for the majority of all active satellites in Earth orbit.

At the same time, CNBC notes that Musk did not specify whether the break-even point was achieved on an operational basis or over a specific period.

SpaceX’s value has increased to approximately $150 billion.

Two years ago, Musk emphasized that Starlink would have to go through a “deep negative cash flow chasm” to “survive financially.”

As Ukrinform reported, SpaceX has launched more than 5,000 Starlink satellites to date.

Source: Ukrinform

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