SpaceX Launching its Starlink IPO?
Elon Musk stays ahead of Jeff Bezos of $Amazon (AMZN.US)$ in terms of wealth and his path to trillionaire status may not be paved with $Tesla (TSLA.US)$ but to his other company SpaceX whose valuation hits 100 Billion largely due to its broadband satellite Internet subsidiary dubbed Starlink. Musk is planning to bring broadband satellite Internet to the world through Starlink. SpaceX's Starlink could be the cheapest way for investors to own a Musk-led company, once the service goes public. The downside for new investors to invest their money with Musk is the "Musk premium" as seen in the skyhigh valuation for $Tesla (TSLA.US)$. Still, Starlink is a marvel and that bodes well for its IPO. There are reservations about how big Starlink can grow and how many customers it can take on at the speeds it is promising given the bandwidth constraints of the satellites. But surely Musk, SpaceX and Starlink are working hard on optimizing the network to ensure the fastest possible speeds to the largest number of customers. The better Starlink gets, the more users it will gain. The more users it gains, the more revenue it will make. And the more revenue it makes, the sooner people will be able to invest in the Starlink IPO. The larger this market gets, the more popular Starlink IPO will become. If Musk could go from obsurity to among the world's most affluent through the growth of $Tesla (TSLA.US)$, it is not hard to imagine how he could bring investors wealth again through the highly anticipated Starlink IPO.
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
$AT&T (T.US)$
$Comcast (CMCSA.US)$
$Ford Motor (F.US)$
$General Motors (GM.US)$
$Iridium Communications (IRDM.US)$
$Twitter (Delisted) (TWTR.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
$AT&T (T.US)$
$Comcast (CMCSA.US)$
$Ford Motor (F.US)$
$General Motors (GM.US)$
$Iridium Communications (IRDM.US)$
$Twitter (Delisted) (TWTR.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
101767718 : Sure very exciting, can't wait for the launch
HopeAlways OP 101767718 : Musk has been forthcoming in his intentions to take the service public.
Jeet Kune Do : A very visionary writing, nice
HopeAlways OP Jeet Kune Do :
Spearhead : Reclaim the lost crown..
HopeAlways OP Spearhead :
HuatEver : Elon is a goal driven CEO who will be able to showcase the wonders of Starlink IPO during its .
Double Rainbow : Musk looks to be on his way to become the world's first trillionaire when the Starlink IPO takes off.
HuatLady : Believe in Elon's vision and invest in Starlink shares for abundant fortune.
HopeAlways OP HuatEver : Elon Musk himself is highly optimistic of the potential revenue contribution of Starlink to SpaceX.
View more comments...