Early financials
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In 2024 Starlink’s gross margin was extremely low (~7%) on an early revenue base because of high costs and rapid network deployment. SpaceX Stock Guide
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Some filings showed ~7% gross margin in 2024 and only modest net profit, not high operating margins. SpaceX Stock Guide
This is before scaling effects and doesn’t reflect a mature operating margin.
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"运营利润率已接近 50%-60%" impossible.
Nvidia 才这水平