I also saw an article with a statement from Musk saying they are about to release version one of the ground terminal with the cost down to $500 and he's shooting to get it to $250.   That will help the red numbers a lot.   That way at least each subscriber isn't a negative asset for more than 2 years.

On 7/5/21 5:07 PM, Bill Prince wrote:

That's what I meant by "running deep in the negative". Estimates are that they've invested between $5 billion and $10 billion so far. 69,000 paying clients will not pay for that.

They have > 1,600 working satellites and are soon to have their first level constellation functional. I'm curious how many clients they can handle with this minimum complement?

They also are getting close to launching the first laser-interconnected sats; I think that is version 1.5. There is also a rumored version 2 coming out in 2022.


bp
<part15sbs{at}gmail{dot}com>
On 7/5/2021 4:23 PM, Chuck McCown via AF wrote:
Billions of investment though.
*From:* Bill Prince
*Sent:* Monday, July 5, 2021 1:47 PM
*To:* af@af.afmug.com
*Subject:* Re: [AFMUG] ***SPAM*** OT Google News - California Highway Patrol tickets driver with apparent SpaceX Starlink dish bolted to car hood

Saw in other news that they now claim to have over 69,000 subscribers. That's a cool $82 million in annual gross revenue. Still running deep in negative territory, only another 750,000 to go to get to break even?

https://www.pcmag.com/news/spacexs-starlink-tops-69420-concurrent-users <https://www.pcmag.com/news/spacexs-starlink-tops-69420-concurrent-users>

bp
<part15sbs{at}gmail{dot}com>
On 7/2/2021 4:09 PM, Jaime Solorza wrote:
https://news.google.com/articles/CAIiEO0-bOcujaTLflhpY-a8XRkqGQgEKhAIACoHCAow2Nb3CjDivdcCMJ_d7gU?hl=en-US&gl=US&ceid=US%3Aen <https://news.google.com/articles/CAIiEO0-bOcujaTLflhpY-a8XRkqGQgEKhAIACoHCAow2Nb3CjDivdcCMJ_d7gU?hl=en-US&gl=US&ceid=US%3Aen>

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