saveanon12Starlink lost another 43 satellites last night. Over 300 satellites have burned up since July 16th. NOAA has 3 job openings for space forecaster.
originaluciferhow many does he have to lose before the whole thing isnt worth it?
theodewereof at least equal concern is whether the business is profitable, and it is probably shedding billions.. he had forecasted revenues of around $12 billion by now, but they just reported $1.6 billion (which is up from $0.23 or so, which is horrific given the projections).. this is because that $12 billion revenue projection was also projecting costs of $7 billion.. their costs are not likely lower than projections, just because.. and their user growth is anemic.. that bump in revenue might have been a windfall from sales in Ukraine or to the US government..
the business is a financial hole, whether the spectacular depreciation of assets is planned or not
I can’t see how they’d even be at $1.6B. By their advertised pricing they should be averaging $200 per account per month. And they just recently got to two million customers. Even if they had two million customers for the entirety of the past three years (which not even close) that would still only be $1.2B in revenue.