SpaceX is a privately held company, but there have been discussions about the possibility of it going public through an IPO in the future. Should SpaceX decide to go public, investors could gain exposure to Starlink through their investment in SpaceX. Starlink is set to revolutionize the global internet landscape, and its significance in the space industry is nothing short of extraordinary.
- As with any investment, it’s essential to conduct thorough research and consider individual financial goals and risk tolerance.
- Starlink is a private company, so there is no Starlink stock price.
- She helps to educate investors about opportunities in a variety of growth markets.
At the time of this writing, Starlink was not publicly traded, and there was no concrete date for a Starlink IPO. Hints of a possible Starlink IPO originally came from several tweets made by Musk in 2021. Landline internet uses telephone lines, coaxial cables or dedicated fiber-optic cables to send and receive data from a modem or router. This device then serves as an access point, allowing everything from computers to smart home appliances to connect to the internet. Mobile internet, meanwhile, leverages nearby cell phone towers to beam data directly to and from connected devices. Though a Starlink IPO has yet to be officially announced, there has been a great deal of speculation, and some experts have suggested that the occasion may be closer than many realize.
In summary, Starlink, the ambitious satellite-based internet constellation by SpaceX, has captured the world’s attention with its potential to revolutionize global internet connectivity. While the company is currently privately owned and not publicly traded, investors can keep an eye on any future IPO announcements by SpaceX as a potential avenue to indirectly invest in Starlink. Using a constellation of satellites that use a low earth orbit path with entire global coverage will reduce latency and provide reliable internet access regardless of location.
Starlink Financial History
Melissa Pistilli has been reporting on the markets and educating investors since 2006. She has covered a wide variety of industries in the investment space including mining, cannabis, tech and pharmaceuticals. She helps to educate investors about opportunities in a variety of growth markets.
Does Starlink have an IPO date?
With that kind of star power connected to the company, you might be wondering how to buy Starlink stock. Get a daily email with the top market-moving news in bullet point format, for free. Starlink is currently a subsidiary of SpaceX and is the primary driver of SpaceX’s valuation. Today’s stock market has not been friendly to IPOs, so there’s no reason to rush it. When Musk decides to list its shares, I would expect Starlink’s IPO to command a valuation north of $100 billion. Yes, SpaceX currently owns and operates Starlink, but Starlink is expected to become its own company in the near future.
While it doesn’t own any Starlink or SpaceX yet, Cathie Wood’s Ark Space Exploration ETF (ARKX) would likely be the first ETF to invest in it if shares become available. You may want to keep an eye out for news of any such investment. Again, this stake in SpaceX and Starlink represents just 0.5% of Bank of America’s total market capitalization, so I wouldn’t recommend buying its shares solely how to purchase maidsafecoin for its investment in Starlink. If you’re a retail investor, don’t worry, there are a few indirect ways you can gain access to Starlink’s upside. Starlink is expected to become profitable this year and has access to plenty of funding (more on that below).
Here’s everything we know so far about the Starlink IPO.
There is no Starlink stock symbol and you can’t buy it in your brokerage account. Starlink builds and launches satellites that deliver high-speed, broadband internet to users around the world. With its low-orbit network, users can stream seamlessly from even the most remote locations. On the technical front, this one’s easy — you don’t know how a debutante will respond.
At this point, there’s no need for it to turn to the public markets. In 2019, the first Starlink satellite fleet was launched into orbit. Today, it has a $1.4 billion revenue stream (and growing) and is expected to become profitable this year. His distinct writing style of distilling convoluted data into relatable and compelling narratives has earned him recognition among several investment-related publications.
Enter Starlink, which aims to address this demand by creating a vast network of low Earth orbit satellites that can provide internet coverage even in remote and underserved regions. On Public, you can invest in stocks, ETFs, Treasuries, and cryptocurrencies, all on one of the most well-designed investing platforms. Starlink is still a subsidiary of SpaceX, and while it’s expected to spin off and go public in the future, it has not scheduled any plans to IPO.
She added that the company had a cashflow-positive quarter in 2022. There was also SpaceX’s reported revenue for 2022 — just over US$3.3 billion, US$1 billion of which originated from Starlink. While discussing a planned testing milestone for SpaceX’s rockets, Shotwell claimed that 2023 was the year Starlink would make money. George is a freelance writer and qualified financial advisor who focuses on educating others in personal finance and investing.
Additionally, Musk believes Starlink could bring in annual revenue of $30 billion. It’s possible given the financial track record of other internet service providers that Starlink’s valuation could hit over twice the estimated revenue. Information about a Starlink initial public offering (IPO) stock price is also limited, but we do have some clues about SpaceX shares. For instance, SpaceX has raised private equity funding in multiple rounds including $560 per share with a $100 billion valuation and $419.99 per share with a $74 billion valuation. You can’t invest in Starlink just yet, but there are a few reasons the broadband provider might be an investment to consider in the future. The addressable market and valuation figures for Starlink are only projections at this point, but there are some things we do know that bode well for the company.
Starlink itself is an offshoot of one of his other companies, SpaceX. Technically, it’s still part of SpaceX and therefore owned by the same investors and owners. Interestingly, Starlink was just a side project within SpaceX, yet it has quickly become an integral part of the company. A big reason for this is that Starlink solves problems and has a real-world use case today instead of proprietary technology that could be important at some unknown future date. Founded in 2006 in Israel, eToro now has over 30 million customers worldwide.
We receive compensation from the products and services mentioned in this story, but the opinions are the author’s own. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site. If a brand is a referral partner, we’re paid when you click or tap through to, open an account with or provide your contact information to the provider.