SpaceX blasts FCC as it refuses to reinstate Starlink’s $886 million grant::FCC doubts ability to provide high-speed, low-latency service in all grant areas.
SpaceX blasts FCC as it refuses to reinstate Starlink’s $886 million grant::FCC doubts ability to provide high-speed, low-latency service in all grant areas.
Musk cannot make a profitable company without government subsidies. Hilarious.
Almost no major company can, have you seen how much the US subsidizes oil and gas despite their profits? How much we subsidize food production? Renewable technology such as wind and solar is only becoming so vastly popular because we’re heavily subsidizing it finally.
Don’t get me wrong fuck Elon musk, but don’t kid yourself and pretend like most companies wouldn’t fail without subsidies. That includes other internet companies which we subsidize regularly
SpaceX is doing just fine
SpaceX is estimated to have 8 billion in revenue this year.
How much are SpaceX expenses though? Revenue is different from Net Profit.