SpaceX hopes satellite internet business will pad thin rocket launch margins


SpaceX hopes satellite internet business will pad thin rocket launch margins SpaceX is in the business of launching rockets, but it will look to supplement that business through other revenue opportunities; specifically, it anticipates a global satellite internet business will drive as much as $30 billion in revenue per year by 2025. That’s an ambitious target, but financials analyzed by the Wall Street Journal for the private company suggest that it’s a… Read More

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