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Max Q: Will Starlink IPO?

Breakeven cashflow for Starlink News from Kuva Space and more

JBy Jason FordNov 07, 20231 min read

Breakeven cashflow for Starlink News from Kuva Space and more

Musk: SpaceX’s Starlink ‘has achieved breakeven cash flow’

SpaceX’s Starlink has “achieved breakeven cash flow,” CEO Elon Musk said, a milestone achievement for the rocket company’s four-year-old satellite internet business unit.

He announced the news in a post on X, the social media platform that he also owns. He added that Starlink “is also now a majority of all active satellites and will have launched a majority of all satellites cumulatively from Earth by next year.” The news raises the question of if — or when — Starlink will ever join the public markets via an initial public offering.

The Federal Aviation Administration has finished a key portion of the launch license review for SpaceX’s Starship, bringing the company one step closer to a second launch.

Kuva Space , a hyperspectral imagery startup founded in Finland, has closed a €16.6 million ($17.6 million) Series A funding round as it looks to deploy up to 100 satellites by the end of the decade.

He announced the news in a post on X, the social media platform that he also owns.
Jason Ford · Thehackingpost

Sierra Space’s  Dream Chaser spaceplane is nearing its first test flight after years of development.

SpaceX  and United Launch Alliance were awarded a U.S. Space Force contract for 21 launches, worth $2.5 billion in total.

Virgin Galactic  conducted its fifth crewed suborbital mission.

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Zephr  has emerged from stealth with radical plans to dramatically improve GPS — using cell phones with zero hardware modifications.

Max Q is brought to you by me, Aria Alamalhodaei . If you enjoy reading Max Q, consider forwarding it to a friend.ÂÂ

Based on reporting by techcrunch.com.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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