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[-] Ilovethebomb@lemm.ee 2 points 18 hours ago

Starlink is expensive, but it's not that expensive.

[-] Saledovil@sh.itjust.works 5 points 18 hours ago

And they're running at a loss.

[-] jdeath@lemm.ee 2 points 9 hours ago

it is looking like that flipped this year to over 200 million in profit off over 2 billion in revenue

[-] Saledovil@sh.itjust.works 1 points 9 hours ago

I just checked Wikipedia, and there it also says small profit. Could be caused by how the satellites are being written off, though.

this post was submitted on 18 Sep 2024
1078 points (97.5% liked)

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