In contrast, at SpaceX, revenues have more than tripled over the last two years, even as the company appears to have flipped from a loss to a profit.That's not an insubstantial sum. But according to Payload's Starlink forecast for 2024, the company will generate more than $6.8 billion in revenue this year — up more than 50% from $4.2 billion in 2023. And Starlink is hoping to generate operating profit margins of 60% on its revenue — $4.1 billion.Rocket company and satellite operator narrowed loss to $559 million in 2022; costs increased but revenues rose faster.

What IQ is Elon Musk : between 155 and 160

As mentioned earlier, Elon Musk's IQ score is believed to be between 155 and 160. Above-average IQ scores within this range are only reserved for the "Highly Gifted" IQ classification.

Is Tesla or SpaceX more profitable

Tesla's operating profit margins are expected to be about 8% in 2024, they are going in the other direction though. Tesla earned an operating margin of almost 17% in 2022. Jonas' profit projections leave SpaceX trading for about 6.7 times his estimated 2035 profits.

How much does SpaceX lose a year : Profits and losses

According to the materials WSJ reviewed, SpaceX lost $968 million in 2021, and $559 million in 2022. SpaceX earned a tiny profit of $55 million in Q1 2023 — but that was just one quarter in a very long year.

about $0.00000289

Right now, 1 Starlink is worth about $0.00000289.

Starlink has the potential to offer moderately faster speeds than Hughesnet and Viasat (not to mention other common rural internet services) with significantly lower latency — low enough to support online gaming and video calls — and unlimited data. Such advantages come at a high price.

Is SpaceX bleeding money

Key Points. SpaceX lost nearly $1 billion in 2021, and more than $500 million last year. In 2023's first quarter, however, SpaceX flipped to a $55 million profit. Starlink is the most likely reason this happened and could be key going forward.Jonas believes SpaceX is profitable now and expects better profitability down the road. He projects a 2024 operating profit of almost $1 billion and a net income of about $700 million. By 2035, he projects an operating profit of about $36 billion and a net income of about $27 billion.Adragon De Mello

It's hard to believe such people exist. Nata-bird wrote: Adragon De Mello (IQ Score: 400)His record was broken in 1994 by another student, but today, De Mello is known to have one of the highest IQ scores in all of human history – an IQ score of 400!

Einstein IQ: 160+, Bill Gates IQ: 150+, Elon Musk IQ: 155, Zuckerberg IQ: 152, Sunny Doel's IQ: over 160.

Why is Tesla not profitable : Against this backdrop, Tesla reported $1.1 billion in net income on $21 billion in revenue, down 9 percent from $23.3 billion the same time last year. The company's profits, once the envy of the auto industry, are at their lowest in six years thanks to rampant price cutting and slowing demand.

Has SpaceX ever been successful : Achievements. Major achievements of SpaceX include: The first privately funded, liquid-fueled rocket (Falcon 1) to reach orbit (28 September 2008) The first privately funded company to successfully launch (by Falcon 9), orbit and recover a spacecraft (Dragon) (9 December 2010)

Is SpaceX financially viable

SpaceX has met or exceeded revenue projections over the past three years, other people familiar with the company's balance sheet say. The company forecasts sales to grow to $15 billion this year from $4.7 billion a year ago, these people said.

The bottom line on SpaceX

SpaceX isn't currently publicly traded, so most investors can't buy shares of Musk's space exploration company. However, the company or its Starlink satellite internet service business could eventually go public.I've been living with Starlink for two years: Improved upload speeds, lower latency, and the same pricing as last year make it a better deal than ever. If you're after laptop buying advice, I'm your man. I've been reviewing PCs and technology products for more than a decade.

Will Starlink last : Starlink satellites operate in a low Earth orbit below 600 km altitude. Atmospheric drag at these altitudes will deorbit a satellite naturally in 5 years or less, depending on the altitude and satellite design, should one fail on orbit.