That includes the Crew-3 Mission launch from the Kennedy Space Center in November 2021. SpaceX uses its Falcon 9 rockets to launch Starlink satellites into space, having launched 49 Starlink satellites in January 2021. In today’s increasingly digital world, internet connectivity is becoming less of a luxury and more of a necessity. However, many parts of the country and of the world remain unconnected or under-connected. Now, a new business venture called Starlink — a division of aerospace manufacturer SpaceX — looks to change that. The company suggests that users mount the base at or above ground level, although it must have a clear view of the sky.

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However, we can discuss some potential benefits and drawbacks that may arise when the company eventually goes public. After all, most analysts agree that SpaceX’s core space launch business is probably generating less than $2 billion in revenue annually. And with most of the company’s launches being performed for its own benefit (i.e. launching Starlink satellites), that $2 billion figure isn’t growing very how to spot an investment scam fast.

While Starlink IPO rumors have been circulating, there is no clear indication it will happen soon. Still, there are ways for investors to buy Starlink stock in 2024, well before its IPO. For more than two years now — ever since SpaceX COO Gwynne Shotwell said the event was “likely” to happen — investors have waited impatiently for a Starlink IPO.

1. Historically, speed and capacity represent the two most significant drawbacks to satellite internet.
2. Another problem is that some users reported “non-existent” customer service — something that will need to be addressed going forward.
3. 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.
4. Landline internet uses telephone lines, coaxial cables or dedicated fiber-optic cables to send and receive data from a modem or router.
5. For more than two years now — ever since SpaceX COO Gwynne Shotwell said the event was “likely” to happen — investors have waited impatiently for a Starlink IPO.

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Yet even ignoring the connection to Musk, Starlink has a massive potential addressable market thanks to ongoing demand for better connectivity and a relative dearth of viable options for edge computing. 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. SpaceX has started accepting preorders for its satellite internet service, Starlink. And in a tweet on February 8, Elon Musk, a chief executive at SpaceX, said that the company will IPO once it can “predict cashflow reasonably well.

Who can purchase Starlink internet services and how much do they cost?

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. Traditional satellite internet is something of a fusion between mobile and landline, albeit over a vastly larger distance. Even without Musk’s involvement, Starlink has immense market potential. A lack of connectivity is one of the most significant bugbears facing the proliferation of technology like autonomous vehicles and the internet of things. By removing this restriction, Starlink could cultivate a flood of invention and innovation and allow edge computing to thrive. There’s been a great deal of speculation surrounding a potential Starlink initial public offering (IPO).

Looking at the performance of similar companies can help you decide if now is a good time to buy Starlink stock. However, the company appears to be valued at almost $140 billion as of January 2024. FinanceBuzz is an informational website that provides tips, advice, and recommendations to help you make financial decisions.

Currently, the company has an estimated 100,000 users spread out over 14 countries. Get a daily email with the top market-moving news in bullet point format, for free. When Musk decides to list its shares, I would expect Starlink’s IPO to command a valuation north of $100 billion.

The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. From an investment perspective, Starlink displays incredible promise. The company’s ties to Musk, a man with an established track record of successful technology startups, has generated considerable interest inside the dirty world of bitcoin mining out of the gate.

Starlink provides essential services to remote regions and is considered very profitable. Starlink is not a publicly traded company, so its stock is not available for direct purchase anywhere. Starlink does not have a stock symbol as it is not a publicly traded company. Hopefully, Starlink will go public sometime in the next few years, but nothing is for certain yet. For now, you may consider investing in a related company or exploring pre-IPO offerings. However, as with all of Elon Musk’s companies (except Tesla), Starlink is not publicly traded for now.

Starlink itself is an offshoot of one of his other companies, SpaceX. At the moment, it’s not for certain that Starlink will be sustainable from a financial standpoint. Musk says the company needs up to $30 billion in annual funding to survive. He said in 2021 that the company was spending $1,000 to produce Starlink terminals, which it sells for $500. Thus, while Starlink has secured some funding, it will need more to survive — and ultimately bring its manufacturing costs down. Hence, Starlink could be a boon to rural areas and other places where internet service is sparse.

If you like Google and/or Bank of America and want to invest in their stock anyway, simultaneously getting exposure to Starlink is a nice bonus. While this is a sizable stake, Alphabet is a $1.75 trillion company, so its $10.5 billion stake in SpaceX represents about 0.6% of its total business. Together, these investments are worth $10.5 billion, antier solutions geared to launch world’s first defi wallet or about 7% of SpaceX and Starlink. Investors can place bids and negotiate with sellers or accept their asking prices. If you’re a retail investor, don’t worry, there are a few indirect ways you can gain access to Starlink’s upside.

Unfortunately, SpaceX says 40 of the 49 satellites it launched at the end of 2021 were wiped out by a geomagnetic storm. Shift4 Payments Inc., which offers payment acceptance services, recently entered into a five-year partnership with SpaceX’s Starlink, CNBC reported. The company trades under the ticker symbol “FOUR” and was trading at $55.01 per share as of Dec. 6. That said, Starlink’s revenue and profitability (plus the lineup of private equity investors waiting for it to accept further funding) will allow Musk to delay the IPO until more favorable market conditions. Additionally, Starlink has introduced a premium service, called Starlink Premium, which promises to double the antenna capability for faster internet speeds and throughput. To sign up, customers must pay a $500 deposit, $2,500 for the antenna and router, and $500 per month for the service.