Elon Musk Says Starlink Hit Breakeven Cash Flow

South Africa News News

Elon Musk Says Starlink Hit Breakeven Cash Flow
South Africa Latest News,South Africa Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

I am a Colorado-based reporter. Before joining Forbes, I covered education and local government in Fort Collins, Colorado. I am a graduate of Creighton University, where I got a BA in journalism, and Arizona State University, where I got an MA in investigative journalism. Send tips at [email protected] and follow me on Twitter @molboha.

Billionaire Elon Musk announced that Starlink—a satellite internet offering from his aerospace company, SpaceX—“achieved breakeven cash flow” on Thursday, just months after news broke that the offering hadover the year before, and Elon Musk announced it had achieved breakeven cash flow on November 2, 2023.

Starlink first launched its satellites in 2019 and, as of July, almost 5,000 small satellites have been launched to beam high-speed internet to ground terminals placed almost anywhere in the world.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Grand Canyon University, largest Christian university in U.S., faces record $37.7 million fineGrand Canyon University, largest Christian university in U.S., faces record $37.7 million fineThe country's largest Christian university is being fined $37.7 million by the federal government amid accusations that it misled students about the cost of its graduate programs.
Read more »

Mark Zuckerberg Takes Shots At Elon Musk's Twitter As Rival App, Threads, DebutsMark Zuckerberg Takes Shots At Elon Musk's Twitter As Rival App, Threads, DebutsMark Zuckerberg took shots at Elon Musk's Twitter on Wednesday night as part of the rollout of his new rival app, Threads.
Read more »

Dana White Says Elon Musk, Mark Zuckerberg 'Dead Serious' About Fighting in UFCDana White Says Elon Musk, Mark Zuckerberg 'Dead Serious' About Fighting in UFCElon Musk and Mark Zuckerberg are 'absolutely deadly serious' about fighting each other in a UFC Octagon and it would be the biggest fight in the history of the world, so says UFC Prez Dana White.
Read more »

Elon Musk’s X/Twitter Has Lost 55% of Its Value in One YearElon Musk’s X/Twitter Has Lost 55% of Its Value in One YearSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »



Render Time: 2025-02-26 02:52:06