Re: [Starlink] a bit more starship news (David Lang)

[David Lang <david@lang.hm>]

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On Tue, 2 May 2023, David P. Reed via Starlink wrote:

> So, side note:
> 
> Why does SpaceX "report a profitable quarter" and not release its full historical book of accounts? And why would someone on this list cite that number alone? (Any professional investor in Silicon Valley would be unimpressed - you can make a quarter look profitable by really simple games).

I mentioned it in response to the claim that Starlink was not viable, losing 
money (or something to that effect)

There has been the suggestion that SpaceX could spin off the Starlink into a 
separte business, that could then go public. SpaceX execs have said that would 
not happen before it was profitable, so reporters have been hounding the execs. 
As a result Gwen mentioned in an interview that they were at or near the point 
that it is profitable.

There is no reason why they should have to release all their finances in such a 
situation (much as we would love to see them)

David Lang

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