Investing
Musk says total investments in Starlink to reach $20-$30 billion
BARCELONA (Reuters) – Elon Musk said on Tuesday that total investments in Starlink would reach between $5 billion and $10 billion before the satellite internet venture achieves positive cash flow.
Over the lifetime of the project, total investments could run to $20-$30 billion, the Tesla Inc CEO told the Mobile World Congress in Barcelona.
“It’s a lot, basically,” Musk said in a video interview from California.
(Reporting by Supantha Mukherjee and Clara-Laeila Laudette, Writing by Douglas Busvine; Editing by Keith Weir)
-
Investing2 days ago
7 Tips to Start Your Retirement Planning
-
Trading4 days ago
FBS Financial Market Analysts Forecast Gold Prices to Rise to $2,800
-
Finance3 days ago
Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”
-
Banking3 days ago
The Role of Geopolitical Tensions in Shaping Digital Banking’s Future in Emerging Markets