this post was submitted on 17 Dec 2023
285 points (77.4% liked)
Technology
73656 readers
4216 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
can I get a source on the math for this? I haven't heard that before
What math do you want? The cost of launching infinite space ships forever is more than what subscribers pay. The satellites fall down in about a year and new ones need to be launched. The subscribers would have to pay for every single rocket launch. Right now American tax payers do.
The problem is you say this with certainty but have no numbers or evidence to back it up. How do you know the revenue from subscribers can't cover rocket launches?
It got almost a billion dollars in subsidies from America last year. This is whilst being unprofitable.
It seems Starlink A) isn't getting subsidies and SpaceX is B) providing services in exchange for payment rather than just getting free money.
On top of this, SpaceX is reportedly still profitable. I just don't understand your argument here. No sources, no actual hard data just conjecture.
Starlink was definitely on track to receive significant subsidy, the FCC recently rescinded.
https://www.reuters.com/technology/space/us-agency-will-not-reinstate-900-mln-subsidy-spacex-starlink-unit-2023-12-13/
Alright, this doesn't support your argument. That is a counter example that SpaceX ISN'T receiving subsidies. Anything else? I do appreciate the discourse though
Musk's companies had received an estimated $4.9 billion in government support by 2015, and they've gotten more since.
https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12?op=1#spacex-lands-a-289-billion-contract-with-nasa-in-april-2021-1
I didn't make an argument, I just provided primary source facts.
fair, my apologies, thought you were the original commentator