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afavourtoday at 12:01 AM3 repliesview on HN

> Their order book continues to be full.

In 2024 66% of their launches were for Starlink. So it’s not quite correct to suggest there’s a vibrant external market for their product, a lot of it is sort of self dealing.


Replies

MPSimmonstoday at 1:41 AM

> it’s not quite correct to suggest there’s a vibrant external market for their product

There is a very large demand for launch services. SpaceX balances launching customers and launching Starlink. It's not like they give every launch slot to customers and then launches Starlink whenever there's an opening they couldn't fill.

nradovtoday at 2:25 AM

There's a vibrant external market for satellite Internet service.

BurningFrogtoday at 2:25 AM

Starlink is incredibly profitable though.

It's not like they're subsidizing some experimental internal project. Starlink is the majority of their profits and growing fast.