Elon Musk Admits: Starlink Is Losing Money

Elon Musk has a problem. He needs his Starlink satellite internet program -- designed to blanket planet Earth in broadband, such that every one of the world's 8 billon inhabitants becomes a potential customer of SpaceX -- to become the growth driver and profit maker for SpaceX for decades to come.

But right now, Starlink is losing money for SpaceX.

A lot of money.

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Source Fool.com