johnla

johnla t1_j27hf6f wrote

According Elon and other SpaceX guy, they suggest their cost is in the $10M range. Even if we double it to $20M. They still profit $47M since they charge $67M per launch.

I know there are tons of upfront costs of building those rockets. They’ve reused them so often now that I’m pretty sure they have paid for themselves a couple times over now.

Source for Launch cost: https://www.science.org/content/article/spacex-now-dominates-rocket-flight-bringing-big-benefits-and-risks-nasa

Source for launch price: https://www.cnbc.com/2022/03/23/spacex-raises-prices-for-launches-and-starlink-due-to-inflation.html

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johnla t1_j24ssck wrote

What are you looking at? They have over 1 million Starlink subscribers. They charge $100/month. That's $100M each month. 2020 article from Forbes said they earn $80M per launch. They're profitable right now. But to your point they spent crazy amounts of money. They're not worried about cashflow right now though.

https://www.forbes.com/sites/greatspeculations/2020/06/02/revisiting-spacexs-36-billion-valuation-after-its-first-manned-mission/

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