SpaceX hopes satellite internet business will pad thin rocket launch margins

SpaceX completes the first successful soft landing of a rocket on a drone ship /Image courtesy of SpaceX 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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