The following report is from Bloomberg:
Space Exploration Technologies Corp. has launched more than 1,500 satellites so far and has Starlink operations in about a dozen countries, Musk said during a presentation at the Mobile World Congress conference on Tuesday, [June 29th]. That’s costing a lot. SpaceX’s total investment in the network will be between $5 billion and $10 billion before cash flow is positive, he said.
Some $20 billion or $30 billion may be needed in the longer term to maintain Starlink’s competitive position, Musk added. The service, which has more than 69,000 active users, may reach half a million in the next 12 months, he said.
“Our goal is not to go bankrupt,” he joked, referencing the tumultuous history of the industry.
Step No. 1 for Starlink is don’t go bankrupt. If we succeed in not going bankrupt then that’ll be great and we can move on from there.
Earlier: Musk Says Starlink to IPO Once Cash Flow More Predictable
SpaceX aims to offer broadband to as much as 5% of the world’s population where conventional fiber and wireless networks can’t reach. Musk said he’s signed two deals with “major country” telecom operators but he couldn’t name them yet, and he’s in discussions with more. Starlink will provide so-called “data back haul” spines for their networks. The satellite network currently moves about 30 terabits of data per second, and Musk said he’s targeting a user latency — or network response time — of less than 20 milliseconds.
Musk, who turned 50 on Monday, discussed several additional upgrades in the works during an update on the $74 billion SpaceX business.
The company is set to launch a new version of Starlink’s satellites next year that will have inter-satellite laser links to help them cover polar regions. Its engineers are developing a new ground terminal to stem losses: the dishes customers are currently installing on rooftops cost more than $1,000 to make but only retail for half that, he said.
SpaceX is also planning an orbital flight of its giant Starship rocket “in the next few months” he said.
AUTHOR COMMENTARY
[7] And when they shall have finished their testimony, the beast that ascendeth out of the bottomless pit shall make war against them, and shall overcome them, and kill them. [8] And their dead bodies shall lie in the street of the great city, which spiritually is called Sodom and Egypt, where also our Lord was crucified. [9] And they of the people and kindreds and tongues and nations shall see their dead bodies three days and an half, and shall not suffer their dead bodies to be put in graves. [10] And they that dwell upon the earth shall rejoice over them, and make merry, and shall send gifts one to another; because these two prophets tormented them that dwelt on the earth.Revelation 11:7-10
This prophecy made no real sense for centuries, as to how the entire world would be able to see the two witnesses, Moses and Elijah, lying dead in the streets. Now, with the internet and instant streaming, it makes much more sense. Musk’s new Starlink seems to be another move in that direction, to make everything more ubiquitous as the nations continually inch closer and closer to being one.
[7] And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations. [8] And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.Revelation 13:7-8
This announcement helps further the agenda of the coming smart cities by 2030.
Agenda 2030: You’ll Own Nothing And Be Happy
Vehicle Giant Toyota Building A Smart City In Japan
New Microchip To Power 6G Systems And Power AI Drones
Say Hello To 10G: “The Network Of The Future”
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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If you drive any place, count the number of antennas that you see. Cellular, radio, radar, microwave, and more. I have to drive over an hour to get to the big city to shop, I can not tell you how many (I lose count). I bring this up because the Bible says the Earth is flat and unmovable. They would not need all that, nor would it work on a globe earth. Of course, neither would Loran.
Then we have the transatlantic cables that are still being laid and maintained.
So this is nothing but a lie. They just have that much saturation at his point.
.\\itch – 1 Timothy 3:16 And without controversy great is the mystery of godliness: God was manifest in the flesh, justified in the Spirit, seen of angels, preached unto the Gentiles, believed on in the world, received up into glory.