The Starlink division hopes to revolutionise internet access across the world by using satellites and technology engineered by SpaceX. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation.
As technology becomes an increasingly integral part of our lives, high-speed and reliable internet access is in high demand worldwide. However, there are still ways for investors to gain indirect exposure via stocks in similar industries. Starlink is a promising company with seemingly limitless potential. It promises to expand internet services to the far reaches of the globe without requiring Wi-Fi devices, which can bring millions of people online. 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.
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. Please note that the availability of Starlink’s stock through an IPO is speculative and subject to change. It is essential to consult with a financial advisor and conduct thorough research before making any investment decisions in a potentially high-risk investment like an IPO. As with any investment, it’s essential to conduct thorough research and consider individual financial goals and risk tolerance.
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. Investingintheweb.com does not provide any offer or solicitation to buy or sell any investment products, nor does it constitute an offer to provide investment advisory services. This website is free to use but we may receive commission from some of the merchants mentioned. We’ll dive into all the key areas, such as the company statistics, revenue, competitors, and everything you need to know about the Starlink IPO (initial public offering).
However, future expansion plans or additional history basic attention token services were not detailed publicly. If you’re a retail investor, you can’t buy shares of Starlink stock — it’s not a public company. People also just want to invest in Starlink because it’s different. Although traditional internet companies provide internet through a series of cables and towers on the ground, Starlink uses satellites hundreds of miles above the earth.
Having its own rockets has allowed the company to launch about 2,000 satellites since May 2019, or more than 600 per year. Having more satellites in the sky may enable consistently faster speeds and fewer interruptions. Elon Musk has also raised equity funding in several rounds, including an announcement of $337.4 million raised in December 2021. SpaceX’s value was $100 billion in October 2021 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.
Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Jassy noted that AWS closed out 2022 at an incredible $85 billion annual revenue run rate, and it’s still going strong. It has its hands in all areas of the economy, including the design of its own chips and computing systems.
Keep in mind that because Starlink is a division of SpaceX, that $100 billion valuation includes Starlink. For Starlink’s valuation specifically, estimates include a $50 billion forecast by Morgan Stanley analyst Adam Jonas in 2020. Others have put the valuation higher, but these projections seem to agree that Starlink could be more valuable than SpaceX in the long run.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. Of course, these figures should be taken with a very large grain of salt. As is too often the case in technology investing, there is no shortage of hype surrounding Starlink, much of it drummed up by Musk himself.
In November 2023, in response to a post by Bloomberg, Elon Musk denied any plans for a Starlink IPO coming so quickly. Once the company is listed on a stock exchange after its IPO, you will be able to buy Starlink stock. Elon Musk has also stated that he wants to ensure that Starlink stock is as accessible as possible to retail investors. But after the Starlink IPO, it will become an individual entity and shares will be publicly traded on a stock exchange. Starlink’s primary focus is on providing satellite-based internet service.
Since Starlink is a private company, retail investors cannot buy stock shares. Also, unless you’re a well-heeled and well-connected investor, chances are you won’t have access to an IPO at the initial offering price. Usually, IPO underwriters price down their shares relative to what they believe the market will bear. This discount rewards institutional buyers at the expense of retail investors, who pay the market price which often ends up higher than the initial offering. Internally, Starlink’s core business of providing satellite internet constellation services is exceptionally compelling because it fosters low-latency (i.e., low lag time), high bandwidth performance. Simply put, the idea of having satellites beaming down internet signals is a novelty and makes people excited.
However, we cannot provide financial advice and urge users to do their own research and due diligence. Starlink is a subsidiary of SpaceX, the private aerospace manufacturer and space transportation company founded by Elon Musk in 2002. As such, the ownership of Starlink lies with SpaceX, and Elon Musk is the primary driving force behind both companies. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
The platform is widely known for its social and copy trading features. It allows users to trade stocks, forex, commodities, cryptocurrencies, CFDs, and ETFs. SpaceX implements active satellite collision avoidance maneuvers to minimize space debris risks. Additionally, Starlink satellites are designed to burn up upon re-entry into the Earth’s atmosphere at the end of their operational life, reducing long-term debris impact. There isn’t a Starlink stock symbol, because the company is currently private. While he has a significant stake, he shares ownership with a number of other investors.