SpaceX says it is no longer losing money with Starlink production
Key Points ๐ฐ SpaceX is no longer losing money on Starlink production. ๐ก They stopped subsidizing the cost of Starlink antennas. ๐ฐ๏ธ This financial turnaround is due to scaling production and service expansion. ๐ Starlink has launched over 5,000 satellites, providing global high-speed internet access. ๐ SpaceX has turned a profit in Q1 2023. ๐๏ธ…