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Comment by canucker2016

related news, ars article quotes WSJ article, https://arstechnica.com/tech-policy/2023/09/spacex-projected...:

"A 2015 presentation that "SpaceX used to raise money from investors" reportedly projected that in 2022, Starlink would hit 20 million subscribers and generate nearly $12 billion in revenue and $7 billion in operating profit. The WSJ said it obtained the 2015 presentation and recent documents with numbers on Starlink's actual performance in 2022.

Actual Starlink revenue for 2022 was $1.4 billion, up from $222 million in 2021, according to the report. The documents apparently didn't specify whether Starlink is profitable."

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