Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later.
The latest timeline signals another IPO delay and comes despite repeated questions from a variety of investors over the years about owning a piece of SpaceX.
Musk emphasized, as he has previously, that the Starlink business needs to be “in a smooth sailing situation” with “good predictability” before it goes public.
Full article: https://www.cnbc.com/2022/06/07/spacex-starlink-ipo-elon-musk-says-offering-is-3-or-4-years-away.html
Elon Musk says SpaceX’s Starlink satellite internet business is 3-4 years away from an IPO. Once Starlink goes public, do you think it could be worth more than TSLA, which has a market cap of $742 billion?
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