Building the largest and most profitable satellite mega constellation in history in only a few years counts as “under delivering” for Bloomberg

I’m curious who they see as fully delivering… Critics get way more demanding (and sometimes even petty) with extraordinary performers.

Yeah the expectations are not grounded in the state of the current market

Visualization from my website

It's, of course, an opinion and not editorial point of view. While it is stupid, I don't see any reason to blame Bloomberg for posting it.

Opinion sections are mostly aligned with the overall publication usually. It’s very often used as a way to publish stuff while getting shielded from criticism as a newspaper

Agree to disagree. Opinion sections in NYT or WP was used by Putin and other very much awful people.

Fair enough. And I’ll agree that they do have opinions still, but especially since Covid it’s been mostly opinions that align with the editorial line, or opinions that are much further on one particular side

It’s only ‘under delivering’ cause Elon is at the helm.

This is why so much of legacy is largely irrelevant. They are grasping for attention in a world they no longer understand or have a place at the table.

Complete retards. I fucking loved the idea of VSAT and used it man times over the years. Starlink has made everything obsolete. It's truly amazing the things Tesla and SpaceX are doing.

For the first time in my life, we have reliable satellite service. For your phones, for TV, for Internet, all of it. No other company has been able to achieve that. I grew up in a time where satellite TV was an alternative, but it was dogshit at best.

I can imagine how transformational that must be!

Their conclusion comes before their justification.

Traditional media is 100% all "opinion columnists" now. 0 facts, only opinions from people you have no reason to want an opinion from.

To be fair, the post literally clarifies that it's @tomwblack saying this as part of Bloomberg @opinion. Obviously, he's wrong, but it's not Bloomberg that's saying that.

Imagine that is “under delivering” — delivering high speed internet globally for affordable prices,. Destroying all internet service providers and telecoms companies and launching ai satellites into space and building all the rockets to do it.. and this is under delivering.. haha.. what has the write of such a piece ever delivered or their companies ever delivered ?

They swim in water and don’t realize they are wet.

Meh. They're kind of right. He promises things that don't occur or don't occur when he promises they will (FSD is the worst example). That said, his companies do spectacular and seemingly impossible things! Just don't take Elon's word on what and when things will happen.

Yeah but you ever been on a bloomberg terminal?

I guess the problem is that SpaceX is so good, they made it look easy.

There truly may be no hope for them 😭

It’s absolutely insane that this fact is even able to be overlooked by any human at this point.

It's crazy.

“Musk doesn’t need to harvesting the energy of the sun to create a big bang of the consciousness seed across the universe in his long list of over promising and under delivering.” @neuralink_uploadTBlack says

Neurolink will start giving sight back to the blind later this year. Bloomberg will find this lackluster.

That said, they fall every 5 years. v2 sats were supposed to be launching few years ago, which would hold up 10+ years. Elon even was worried about this when he sent that email to SpaceX. That was up until Starlink subscription counts exploded. @grok

Will be the largest but it probably wont make any profit for decades. The cost of going to Mars and building bases there will be so big it will incinerate any profit and then some...

Promising Saturn and only delivering Mars. Real losers. Bloomberg is stuck in an office. Need to get out more. Go watch a Starship launch.

true

how was the Mars landing last year? you wrote that from the hyperloop?

Many more satellites and Musk will trap us here on Earth . . . .

Which other companies have tried to build before and failed. Anyone remember Iridium?

Hopefully it will evolve to space stations with data centers and allow for clearer sky's While connectivity is great Mega constellations are a problem for ground based observations Be fine If they were moved to space

I think the better solution will be to move observation to space !

@JfkWhitlam I cannot wait to see a massive radio telescope built on the far side of the Moon.

@ApoStructura Or 4

@ApoStructura

@ApoStructura

@ApoStructura

@ApoStructura Farview is included in the farside article I cannot wait to see them integrated into @ehtelescope and SKA

It's only profitable if you count the launches as capex and not opex. Because they're recurring expenses it should be opex.

Seems like it's an opinion piece... Not really from a Bloomberg journalist.

it is when you do the simple maths of what spacex is supposedly worth according to its stock prices it's not that hard Apo

Yes, but where is all the waste and graft that should have gone to their favorite groups? And how dare Musk not follow NASA's Muslim outreach efforts that Obama called for.

LOL!!

😂

It's not available at Amundsen-Scott station, but that's mostly due to radio frequency restriction for astronomical reason.