SpaceX’s value was $100 billion in October 2021 does code review really remove coding convention violations after a secondary share sale, and it had raised $1.16 billion in equity financing in April. Notable investors include Alphabet Inc. and Fidelity Investments. Certainly, Starlink is offering a valuable service, helping people in otherwise unserved areas get fast internet connectivity, which is really crucial to just about everything you need in modern society.
- Once you complete the order page, click to submit your trade and become a shareholder in one of these space-related stocks while you await Starlink’s IPO.
- The company’s ties to Musk, a man with an established track record of successful technology startups, has generated considerable interest out of the gate.
- We strive to provide up-to-date information, but make no warranties regarding the accuracy of our information.
- Starlink is currently a subsidiary of SpaceX and may be responsible for up to half of SpaceX’s valuation.
- These can be public or private companies, though each of the fund’s top 15 holdings are private companies.
Considering that Starlink is a division of SpaceX, which is also still a privately held company, the chance of a Starlink IPO is still very much uncertain. Honestly, I wouldn’t hold your breath waiting for a Starlink IPO at this point. Though rumors have swirled for years, Elon Musk himself continues to state that he wants the company to grow and mature before it would go public. Plus, he’s a busy guy, if you haven’t noticed, running SpaceX and X and Tesla and Starlink.
Starlink makes its cash by charging monthly subscription fees for their broadband services. This also includes one-time fees to ship the hardware as well as the cost of the hardware itself. They’re also looking to land lucrative contracts within the private and government sectors to generate even more cash flow.
What it means for investors
Speaking virtually at the LEO Digital Forum last Tuesday, Shotwell reiterated SpaceX’s plans to — at least initially — focus Starlink on providing internet broadband to rural customers. She described the service as « complementary » to terrestrial internet providers such as Comcast (CMCSA -0.07%) and AT&T (T 0.87%), rather than competing with them. Eventually, SpaceX wants this to become a global business, but even just considering the U.S. market, and even if Starlink only « complements » existing options, the opportunities look vast. According to CNBC, CEO Elon Musk stated last week that the Starlink satellite internet business is unlikely to go public before 2025.
Together, these investments are worth $14.7 billion, or about 7% of SpaceX and Starlink. BMC Software has been privately held since 2013 but is planning an IPO for 2024. Granted, it remains uncertain precisely how far we are away from this goal. It’s also anyone’s guess whether these numbers fit Elon Musk’s definition of how « reasonably cryptocurrency trading strategy books porting algorthims from quantopian to quantconnect predictable » this future is.
Pros and cons of investing in Starlink
Ultimately, you are responsible for your financial decisions. FinanceBuzz does not provide credit cards or any other financial products. Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA()/SIPC(). Perhaps Starlink will go public sometime in the next few years, but nothing is for certain yet. Starlink is currently a subsidiary of SpaceX and may be responsible for up to half of SpaceX’s valuation.
IV. Starlink IPO Details
A SpaceX subsidiary, Starlink is a satellite-based internet service provider, delivering high-quality, low-latency performance. Most importantly, SpaceX CEO and Tesla Elon Musk promised to push the Starlink IPO when it is financially viable to do so. Starlink is a promising company premarket prep stock of the day with seemingly limitless potential.
A Likely Winner Once it’s Revealed
Known as Telstar 1, the satellite was launched by NASA in response to Russia’s successful launch of the satellite Sputnik 1. It had a short life, however; Telstar launched one day after high-altitude nuclear weapons testing, and radiation from the tests damaged electronics on the satellite. It was only operational for seven months before it was rendered inoperable. On the technical front, this one’s easy — you don’t know how a debutante will respond.
After all, $28.5 billion would be in the ballpark with SpaceX’s earlier estimate, even before considering the revenue coming from international markets. The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd.
For example, if you have $1,000 available to start investing, you might want to begin by allocating that money equally across at least 10 stocks and then grow from there. The Motley Fool’s investing philosophy recommends building a diversified portfolio of 25 or more stocks you plan to hold for at least five years. Here’s a look at what you need to know about Starlink, how to invest in its stock if it completes an IPO next year, and some alternatives to investing in the space company. Can Starlink capture the entirety of the rural U.S. market, and all $28.5 billion of that revenue stream? With a Ticker Nerd Premium membership, you’ll get our monthly reports for 12 months AND unlock access to our report archive with 120+ stock deep dives. Starlink recorded its first ever quarter of positive cash flow in 2022.