Starlink IPO: Everything We Know So Far 2024

Unfortunately buying Starlink stock isn’t as easy as buying Tesla stock. This is also the range where a lot of Starlink’s competitors have historically traded at. ViaSat, for instance, reached an all-time high of $92 per share back in May 2019 and currently trades around the $30 to $40 range.

Starlink Stock Price Chart

1. While he has a significant stake, he shares ownership with a number of other investors.
2. Shift4 now powers payments for Starlink among other companies.
3. Those companies alone drove Musk’s net worth to over $300 billion.
4. On top of his duties at SpaceX, Musk also spends his time running Tesla, Twitter, The Boring Company and Neuralink.

While it’s not quite there yet, the 150-fold growth in just 2.5 years suggests that Starlink is on the right trajectory​. His distinct writing style of distilling convoluted data into relatable and compelling narratives has earned him recognition among several investment-related publications. Negative press is particularly detrimental to a company seeking to go public as it could affect the amount of money it is able to raise during the IPO.

Is Starlink Publicly Traded?

While it has been trending in the right direction, there’s no reason to rush it. The fund is available to both retail and accredited investors however, due to certain regulations, retail investors have to invest in the fund via SoFi. If you’re a retail investor, you can’t buy shares of Starlink stock — it’s not a public company. However, there are still ways for investors to gain indirect exposure via stocks in similar industries. According to CNBC, CEO Elon Musk stated last week that the Starlink satellite internet business is unlikely to go public before 2025. However, there is a possibility of an earlier Starlink IPO.

Find out how to invest in Tesla stock if you want to go this route. Elon Musk has also raised equity funding in several rounds, including an bitcoin and cryptocurrencies announcement of $337.4 million raised in December 2021. SpaceX’s value was $100 billion in October 2021 after a secondary share sale, and it had raised $1.16 billion in equity financing in April.

Does Elon Musk Own Starlink?

On top of his duties at SpaceX, Musk also spends his time running Tesla, Twitter, The Boring Company and Neuralink. Some investors have questioned whether he can effectively run so many ambitious ventures at the same time. Consult a qualified professional before making any investment decisions. To invest in Starlink you would need to buy stocks in SpaceX (since Starlink is a service provided by SpaceX). SpaceX previously estimated that it would cost around $10 billion to launch the 12,000 satellites it initially wanted to deploy. The company has since filed with the FCC to operate a network what are nfts and should designers be thinking about crypto art of 42,000 satellites.

Also, unless you’re a well-heeled and well-connected investor, chances are you won’t have access to an IPO at the initial how to buy metaverse crypto offering price. Usually, IPO underwriters price down their shares relative to what they believe the market will bear. This discount rewards institutional buyers at the expense of retail investors, who pay the market price which often ends up higher than the initial offering.

While this is a sizable stake, Alphabet is a $1.94 trillion company, so its $14.7 billion stake in SpaceX represents about 0.7% of its total business. Together, these investments are worth $14.7 billion, or about 7% of SpaceX and Starlink. Retail investors can wait for the IPO, or explore some of the ideas discussed in this article. With a Ticker Nerd Premium membership, you’ll get our monthly reports for 12 months AND unlock access to our report archive with 120+ stock deep dives.

Hence, Starlink could be a boon to rural areas and other places where internet service is sparse. It also may be more resilient during severe weather and natural disasters because there are no towers or physical lines that can be wiped out on the ground. As stated above, Elon Musk believed Starlink made up about 50% of SpaceX’s valuation. If that were still the case, Starlink would be worth at least $100 billion as a standalone company. 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.

Although betting on IPOs is inherently risky, several factors suggest that a possible Starlink debut will result in a successfully robust capital raise. First and foremost, the underlying satellite internet constellation business is incredibly relevant to our digitalized economy. Second, the space economy is already a multibillion-dollar monster of an industry and will likely only get bigger.