Revenue at the satellite-internet business jumped to $1.4 billion last year but has fallen short of Musk’s financial projections. Source…
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The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster.…
Newer industry players are cutting jobs, trimming spending and reining in plans. Source link
The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link
MarketsFinanceThe company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source…
A possible combination could position the two to compete with Elon Musk’s Starlink service. Source link