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afavour 7 hours ago

> Their order book continues to be full.

In 2024 66% of their launches were for Starlink. So it’s not quite correct to suggest there’s a vibrant external market for their product, a lot of it is sort of self dealing.

MPSimmons 6 hours ago | parent | next [-]

> it’s not quite correct to suggest there’s a vibrant external market for their product

There is a very large demand for launch services. SpaceX balances launching customers and launching Starlink. It's not like they give every launch slot to customers and then launches Starlink whenever there's an opening they couldn't fill.

nradov 5 hours ago | parent | prev | next [-]

There's a vibrant external market for satellite Internet service.

BurningFrog 5 hours ago | parent | prev [-]

Starlink is incredibly profitable though.

It's not like they're subsidizing some experimental internal project. Starlink is the majority of their profits and growing fast.