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Hello and welcome back to Max Q!
In this matter:
- Breakeven cash flow for Starlink
- News from Kuva Space and more
SpaceX’s Starlink has “achieved cash flow breakeven,” CEO Elon Musk said, a milestone for the rocket company’s four-year-old satellite internet business unit.
He announced the news in a post on X, the social media platform he also owns. He added that Starlink “also now accounts for the majority of all active satellites and will have cumulatively launched the majority of all satellites from Earth by next year.” The news raises the question of whether – or when – Starlink will ever have one IPO will reach the public markets.
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“/>Photo credit: SpaceX
More news from TC and beyond
The Federal Aviation Administration has completed a key portion of the launch license review for SpaceX’s Starship, bringing the company one step closer to a second launch.
be spacea hyperspectral imaging startup founded in Finland, has closed a €16.6 million ($17.6 million) Series A funding round and aims to deploy up to 100 satellites by the end of the decade.
Sierra Spaces The Dream Chaser spaceplane is about to make its first test flight after years of development.
SpaceX and United Launch Alliance received a US Space Force contract for 21 launches worth a total of $2.5 billion.
Virgin Galactic conducted its fifth manned suborbital mission.
Zephr has emerged from stealth with radical plans to dramatically improve GPS – using cell phones without hardware modifications.
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