The Briefing Room
General Category => Economy/Business => Topic started by: Elderberry on February 09, 2021, 11:53:13 am
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Bloomberg By Will Davies 2/9/2021
Elon Musk said Starlink will list publicly once the cash flow of the space-based internet service can be predicted “reasonably well,†giving investors a window of opportunity to own a promising part of his closely held SpaceX.
Musk was responding to a question on Twitter, where a user asked: “Will starlink IPO soon? Would love to invest!â€
Prior to that question, Musk had been responding to posts on the cost of the service provided by Starlink. Space Exploration Technologies Corp. has been launching satellites on its Falcon 9 rockets and now has about 1,000 in orbit to beam down data to Starlink customers on Earth.
More: https://www.bloomberg.com/news/articles/2021-02-09/musk-says-starlink-to-ipo-once-cash-flow-more-predictable (https://www.bloomberg.com/news/articles/2021-02-09/musk-says-starlink-to-ipo-once-cash-flow-more-predictable)