Sorry, I was referring to the general stock market (mostly AI) bubble.
As for SpaceX, it's pretty much impossible to know their finances - they don't publish audited accounts. We can just trust what Elon is willing to share with us.
What does a stock market bubble have to do with the profitability (i.e. not the valuation) of any given company?
Are you arguing that the demand in Internet connectivity in rural/remote areas is somehow caused by an investment bubble as opposed to a long-term stable need?
No, I don't think there is any relationship there.
I'm saying that I highly doubt the real profitability of SpaceX / Starlink, and we will only see if it's really as good as they say, once the bubble pops and there is no inifinite capital, and maybe some accountability.
Sure, just like xAI is never raising any money (according to Elon). All of his companies are very tightly interconnected, so you should see them as a whole.
