Starlink operates as a SpaceX unit, so its stock is not available for direct purchase. Unfortunately, SpaceX is also a private company, so you can’t invest in it directly either. The only way to buy Starlink stock before its IPO is to potentially invest with private equity firms who have access to it. However, there have been news and rumors about a potential initial public offering (IPO) in 2024.
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Still, the business seems to be tracking better than expected, and an initial public offering in the near future may be just what Starlink needs to blast off. It’s hard to know for sure, but self-proclaimed ‘Technoking’ Elon Musk has hinted that the Starlink IPO (initial public offering) will likely take place in 2025 or 2026. Elon Musk’s main criteria is that he wanted Starlink to be profitable with a predictable cash flow. 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.
- There was also SpaceX’s reported revenue for 2022 — just over US$3.3 billion, US$1 billion of which originated from Starlink.
- Technically, it’s still part of SpaceX and therefore owned by the same investors and owners.
- Anyone who chooses to add Starlink shares to their portfolio if the company does go public should first ensure they understand what to expect — something they cannot do by listening to hype alone.
- Elon Musk says the company will go public when cash flow is more predictable.
- Others have put the valuation higher, but these projections seem to agree that Starlink could be more valuable than SpaceX in the long run.
As mentioned, Starlink is not a public company, so you can’t buy its stock directly. You can, however, invest in some of its competitors and gain exposure to the industry that way while you wait for Starlink to go public. Even though you can’t invest directly in SpaceX or Starlink quite yet, you can invest in the one Elon Musk company that is currently public.
There is no Starlink stock symbol and you can’t buy it in your brokerage account. Investors are also excited about Starlink’s potential, with the company estimating its addressable market at $6 billion during its launch. However, SpaceX’s president and COO, Gwynne Shotwell, said in a 2021 interview that Starlink’s total addressable market could be as high as $1 trillion.
Is Starlink going to IPO?
For now, there are some options you may consider if you want to know how to invest in SpaceX or in Starlink. That being said, Starlink also needs a license to offer internet services before new customers can sign up. Starlink has also launched a premium service, which it simply calls Starlink Premium. The company claims the service will double Starlink antenna capability for higher internet speeds and throughput. Those who sign up are required to make a $500 deposit and pay $2,500 for the antenna and router.
As of now, Starlink is not a bitcoin arrives at 16000 atm machines across the uk publicly traded company and therefore there is no way to know how much is Starlink stock. It is a subsidiary of SpaceX, which is also a private company and is not listed on any stock exchange. Granted, last time we checked, Starlink was still growing, albeit in fits and starts.
Does Elon Musk own Starlink?
Starlink was founded in 2015 by Elon Musk’s aerospace company, SpaceX. In recent years, the demand for high-speed internet connectivity has surged, leading to the emergence of new and innovative technologies. One such technology is Starlink, a satellite-based internet service provider owned by SpaceX. With its promise of high-speed and low-latency internet connectivity, Starlink has piqued the interest of many investors. If you’re curious about how to invest in Starlink Internet and potentially profit from its growth, this guide will provide you with some valuable insights and information. Using a constellation of satellites that use a cryptocurrency bitcoin exchange binance marketing low earth orbit path with entire global coverage will reduce latency and provide reliable internet access regardless of location.
Once Starlink goes public, you’ll need a brokerage account to invest. Consider opening a brokerage account today so you’re ready as soon as the stock hits the market. Of course, if you want to invest in related companies, you will first need a brokerage account. Check out our lists of the best investment apps and best brokerage accounts to see some great options, a number of which are commission-free. As of January 2022, It has launched 2,091 satellites including 1,915 currently in orbit.
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Starlink also said at the end of a satellite’s life, it “will utilize their on-board propulsion system to deorbit over the course of a few months,” which helps to keep space clean. 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 for its investment in Starlink. Hiive allows you to buy shares directly from sellers, which may include company employees, founders, venture capital funds, hedge funds or angel investors. 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.
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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. We update our data regularly, but information can change between updates. Confirm details with the provider you’re interested in before making a decision. It’s impossible to predict how any stock will perform — and IPOs can be particularly volatile.
Trends such as distributed work and the proliferation of internet of things devices will only further drive this demand. No surprise then that market watchers’ eyebrows rose when listening to SpaceX President and Chief Operating Officer Gwynne Shotwell speak at the February 2023 Commercial Space Transportation Conference. While discussing a planned testing milestone for SpaceX’s rockets, Shotwell claimed that 2023 was the year Starlink would make money.
