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January 13, 2017 08:58 pm GMT
SpaceX is in the business of launching rockets, but it will look to supplement that business through other revenue opportunities; specifically, it anticipates a global satellite internet business will drive as much as $30 billion in revenue per year by 2025. That’s an ambitious target, but financials analyzed by The Wall Street Journal for the private company suggest that it’s a… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VhkXfisaDUE/
SpaceX hopes satellite internet business will pad thin rocket launch margins
SpaceX is in the business of launching rockets, but it will look to supplement that business through other revenue opportunities; specifically, it anticipates a global satellite internet business will drive as much as $30 billion in revenue per year by 2025. That’s an ambitious target, but financials analyzed by The Wall Street Journal for the private company suggest that it’s a… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/VhkXfisaDUE/
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