Tim Higgins
๐ค SpeakerAppearances Over Time
Podcast Appearances
When would you say you could reassure investors that you'll turn a profit?
You've lost $290 million since the company started in 2003.
So we've got a constellation of satellites.
When you buy into SpaceX, you're buying into three businesses, the rocket launches, Starlinks, and XAI.
The Starlink business is pretty amazing, bringing in $11 billion, but the XAI business is burning through $2.5 billion every single quarter.
So you have one business carrying the losses of the other segment.
Yeah, we're aiming for ultimately thousands of ships to be built per year, which is what's needed in order to construct a city on Mars that is self-sustaining.
I think everyone on Earth is going to have one and going to want one.