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How much did Starlink, Elon Musk’s latest SpaceX effort, cost?

How much did Starlink, Elon Musk’s latest SpaceX effort, cost?

SpaceX he collected over 1 billion dollars again capital this year, given the notable efforts especially cheap required for it development of its own “broadband constellationStarlinkaccording to documents released by the company this week. The navigation service provider has invested with 486 million at first e 535 million laterdid know the Securities and Exchange Commission of the United States.

Documents show that SpaceX has sold all their own actions, saving only a value in securities of $ 18.8 million between the two “tranches” that allowed the necessary works for Starlink: in total, the company raised 1.022 billion dollars. The company is hard at work on two projects particularly expensive: the Super Heavy booster completely reusable and the Starlink constellationwhich will require the launch of about 12,000 satellites.

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How much did it cost and how much can Starlink “yield”?

The CEO by SpaceX Elon Musk said in 2017 that the financing plan by Starship e Super Heavy resulted in the replacement of the current ones Falcon rockets 9 And Falcon Heavy of SpaceX with a new launch system. In a phone call with reporters, Musk stated that SpaceX believes it can use the revenue guaranteed by Starlink also for finance his new launch system.

SpaceX generated revenue for 2 billion dollars last year, according to a report by Jefferies Financial Group. Musk did not provide one updated figure for Starlink, but said the launch revenue and the capital raised provide to the company sufficient resources to put into practice theambitious project. Musk said Starlink will need about 800 satellites to achieve “operational capabilities significant” and of about 1,000 to become “economically sustainable