2023-11-02 22:45:23
SpaceX’s Starlink satellite network has stopped making losses. About it reported American entrepreneur, founder of SpaceX Elon Musk on the social network X (formerly Twitter).
“Additionally, Starlink now owns the majority of all operational satellites, and by next year will launch the majority of all satellites collectively sent from Earth.”
On October 31, Fortune magazine reported that Musk’s other project, the social network X, was valued at $19 billion. The valuation was based on one share of the company that is allocated to an employee. In mid-July, Musk complained that the company was unprofitable due to a 50% drop in advertising revenue and a large debt load.
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