ELON MUSK SAYS SPACEX’S STARLINK BUSINESS ‘ACHIEVED BREAKEVEN CASH FLOW’

Summary from the TLDR newsletter

Elon Musk announced on Thursday that SpaceX has achieved breakeven cash flow. It is unclear whether the milestone was hit on an operating basis or for a specific time period. SpaceX's valuation is now at around $150 billion. Musk is considering spinning off Starlink and making it public through an initial public offering likely after 2025.