Do we know this? It's privately held, and Musk's made almost certainly false claims about such things (especially Twitter revenues post-purchase) in the past.
Hell, he got in trouble for false statements about Tesla, which is publicly held.
Well, the statement about profitability was made by Gwynne Shotwell rather than Elon, and she's much more of "speak only when necessary" type, with no public social media presence. So make of that what you will.
Elon's stated position on an IPO is that they'll wait until they can predict cashflow reasonably well.
Edit: Also, to be precise, she said they had made a profit in Q4 2022. So, it could just be referring to the costs vs income of that quarter specifically rather than a general statement that Starlink is in the green now. After all, since then they've upped their flight rate significantly.
I certainly interpreted it as operationally profitable, and not including the existing costs of developing, building, launching the satellites - or even just the cost of replacing them in future.
Hell, he got in trouble for false statements about Tesla, which is publicly held.
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