1. Elon Musk says SpaceX’s Starlink business ‘achieved breakeven cash flow’
https://www.cnbc.com/2023/11/02/elon-musk-spacex-starlink-breakeven-cash-flow.html
- SpaceX CEO Elon Musk announced on Thursday that the company’s Starlink satellite internet business “achieved breakeven cash flow.”
- Musk did not specify whether the milestone was hit on an operating basis, or for a different specified time period.
- SpaceX’s valuation has soared to about $150 billion, with Starlink seen as a key economic driver of the company’s goals.