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Comment by hef19898

The first pint was referring to the comment stating that the service, when live, will generate a load of money. Maybe it will, maybe not. I can't tell. But it will for sure have to, simply due to the fact that putting the service up is extremely expensive.

Long term stories are great. And yes, everything that makes the world a better place is welcome. But considering the state of things in less developed countries, I assume space born Wifi is not the top priority. But hey, if investors are buying into I won't complain.

The whole service is planned to have around 12k satellites (another comment, did check primary sources myself yet). So still way to go.

Regarding finances, as SpaceX is a private company reliable numbers are hard to come by. All I have is what little went public a couple of years ago, benchmark numbers from other launch companies and the public parts NASA contracts. But I should have been more precise: my cash and profitability remark concerned their operative launch business excl. NASA dev contracts and the like. I suspect that their development is financed by external funding while their government contracts are cross-financing their low commercial launch costs. Nothing wrong with that as everybody else in that industry is doing the same thing. Everybody else isn't SpaceX, so.

Just one last thing, I am happy to discuss SpaceX. Because new facts and view points are how we develop. Implying that I call people I don't know liars and that I am full of conspiracy theories is not helping in that regard. Just saying.

parent hef19898 7 years ago

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