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SpaceX’s Starlink ‘achieved breakeven cash flow’

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the staff of the Ridgewood blog

Ridgewood NJ, Elon Musk announced on Thursday that SpaceX has achieved breakeven cash flow. It is unclear whether the milestone was hit on an operating basis or for a specific time period. SpaceX’s valuation is now at around $150 billion. Musk is considering spinning off Starlink and making it public through an initial public offering likely after 2025.

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