How Spacex Really Makes Money?

how does SpaceX makes money to fund all of their projects including the prototypes that have blown up so far?
What is Spacex’s business model ?
According to numerous sources familiar with the matter, SpaceX has reached an agreement with new and current investors to sell up to $755 million in shares from insiders for $560 per share, bringing the company’s valuation to $100.3 billion.
SpaceX’s new value makes it one of the world’s few private “centicorn” or “hectocorn” firms – a $1 billion unicorn multiplied 100 times.
So, why is SpaceX so well-liked?
Undoubtedly, a large part of its appeal derives from SpaceX’s incredible success in launching satellites and then safely returning the rockets to Earth.
SpaceX’s inventory is costly, with the Falcon Heavy spacecraft costing about $90 million to manufacture and the Falcon 9 costing $62 million.
Due to the reusability of certain of its rockets, SpaceX has previously stated that they can ultimately reduce the cost of commercial customer launches to $30 million.
The boosters, which SpaceX has frequently landed, account for about 60% of the overall cost of the rocket, or approximately $37 million.
SpaceX was also able to retrieve the fairings, which cost around $6 million.
SpaceX’s Starlink project aims to build an interconnected network of 4,400 satellites, called a constellation, in order to deliver high-speed internet access to consumers worldwide.
SpaceX previously estimated Starlink will cost about $10 billion or more to build but believes that the network will bring in enough revenues to be profitable.
Despite the fact that the project is still in its early stages, SpaceX has already obtained federal contracts to provide high-speed internet to rural Americans.
SpaceX is clear about the fact that its commercial launches cost $62 million, but until recently, we had no idea what went into that figure.
Even if we assume a similar cost of overhead, SpaceX may have an operating profit margin of up to 15%
——————
Welcome to Futurephile . We tell you stories about technology, innovation and an interesting future.
We explore futuristic technologies that is moving our humanity towards a better future.
We cover topics including space , electric vehicles, artificial intelligence and many more .

Subscribe & Stay tuned:
https://bit.ly/3kIR3IO

source