Well SpaceX does not need outside financing anymore, even while continuing to build out Starlink and developing Starship. Seems like a bold claim to say Starlink is not profitable.
But it is still not a business you would want to be in, because it is enabled by super cheap rockets, which no one else has.
But it is still not a business you would want to be in, because it is enabled by super cheap rockets, which no one else has.