Author Topic: Musk Says Starlink to IPO Once Cash Flow More Predictable  (Read 312 times)

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Offline Elderberry

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Musk Says Starlink to IPO Once Cash Flow More Predictable
« on: February 09, 2021, 11:53:13 am »
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!”

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