By Amber Deter Is a Starlink IPO coming? That’s what it looks like after Elon Musk took to Twitter Tuesday. He responded to a question about Starlink going public. His answer has investors rallying for Starlink stock.
But is Starlink going to IPO anytime soon? Here’s what we know…
Starlink IPO: The Business
Starlink is a satellite internet constellation. It’s a SpaceX project, the space company founded by Elon Musk. His goal is to make internet services available to everyone, regardless of geographic location. The satellites require a clear view of the sky, but they don’t require ground structures.
Starlink satellites are in low Earth orbit (LEO). …read more
