Back when Starlink was first rolling out in 2021, SpaceX CEO Elon Musk told his followers on Twitter that he expected to wait “at least a few years” before IPO’ing Starlink. His reasoning being that he wanted to make sure that Starlink’s revenue stream was “reasonably predictable” so that investors would know what they were buying. If you live in an area where Starlink isn’t available yet, the company allows you to pre-order services for a deposit of $99. videforex review Starlink says that it expects to expand into additional areas by mid-2022. As of Nov. 10, Starlink had reportedly launched 1,740 Starlink satellites. Recently, the company launched another 48 satellites into orbit, reports SpaceX.

Of course, these figures should be taken with a very large grain of salt. As is too often the case in technology investing, there is no shortage of hype surrounding Starlink, much of it drummed up by Musk himself. The history of satellite internet traces back to 1962, with the world’s first commercial communication satellite. Known as Telstar 1, the satellite was launched by NASA in response to Russia’s successful launch of the satellite Sputnik 1.

On December 16, 2016, Google stock was trading at $809 per share, but that figure has increased exponentially. Please note the team at Ticker Nerd put a lot of effort into personally using and testing the services we review. We may earn an affiliate commission if you buy a product or service through a link on this page, at no additional cost to you. SpaceX (the parent company of Starlink) was valued at $137 billion in early 2023. Born and raised in South Africa, Elon moved to the U.S. to attend the University of Pennsylvania.

Investing in Starlink FAQ

Take your time to research the brokers to find the best one for you. Investors who want to buy one of these Starlink alternatives can purchase shares in any brokerage account. Here’s a step-by-step guide on how to invest in stocks like Starlink. SpaceX will be able to use certain wireless bands, in close partnership with T-Mobile as the terrestrial operator, to allow customers with compatible devices to communicate. The proposal dates to summer 2022, when SpaceX and T-Mobile first announced that they were pursuing the ability for the mobile provider’s customers to get Starlink access on their phones. At the time, they said they expected the service to start in 2023, but here we are at the end of 2024 and it’s only just now getting regulatory approval.

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Musk said in the past that the company needs up to $30 billion in annual funding to survive. Elon Musk has also raised equity funding in several rounds, including an 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.

The company suggests that users mount the base at or above ground level, although it must have a clear view of the sky. Starlink also said at the end of a satellite’s life, it “will utilize their on-board propulsion system to deorbit over the course of a few months,” which helps to keep space clean. SpaceX is responsible for constructing Starlink, a company that serves as a provider of high-speed and low latency broadband internet. People who reside in places where the internet connection is nonexistent or unreliable can benefit from the services Starklink provides.

Is Starlink ready for an IPO?

What’s more, SpaceX says Starlink aims to grow its download speeds well past 100 Mb/s, to 1 gigabit per second, or even 10 Gb/s eventually. Join 6,503+ savvy investors using Ticker Nerd to save time and find stocks before they blow up. Companies like SharesPost or EquityZen allow you to buy pre-ipo stock. However, you’ll need to be an accredited investor to use these platforms. This means you or your spouse will need to have a net worth over $1 million (excluding the value of your primary residence). On the technical front, this one’s easy — you don’t know how a debutante will respond.

• You’ll have to open and fund a brokerage account before buying shares of any company.
• That report noted that Starlink was on track to book $6.6 billion of revenue in 2024 and was on pace to deliver its first year of positive free cash flow.
• If you still need to open one, here are some of the best-rated brokers and trading platforms.
• It won’t be long before more countries in the region follow suit.
• Starlink is a promising company with seemingly limitless potential.
• Can Starlink capture the entirety of the rural U.S. market, and all $28.5 billion of that revenue stream?

What’s the market saying about the Starlink IPO?

There was also SpaceX’s reported revenue outsourcing de desarrollo de software for 2022 — just over US$3.3 billion, US$1 billion of which originated from Starlink. Landline internet uses telephone lines, coaxial cables or dedicated fiber-optic cables to send and receive data from a modem or router. This device then serves as an access point, allowing everything from computers to smart home appliances to connect to the internet. Mobile internet, meanwhile, leverages nearby cell phone towers to beam data directly to and from connected devices. To explain why, we need to first explain the different types of internet. The two most common are land-based connections and cellular or mobile connections.

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With that said, it’s best to exercise a degree of restraint where Starlink is concerned. Although the company will very likely be a sound investment once it or SpaceX goes public, there is currently a great deal of exaggerated hype and speculation surrounding it. Anyone who chooses to add Starlink shares to their portfolio if the company does go public should first ensure they understand what to expect — something they cannot do by listening to hype alone. Although a Starlink IPO has yet to be officially announced, there has been a great deal of speculation, and some experts have suggested that the occasion may be closer than many realize. With that in mind, those considering a Starlink investment must ensure they understand the company and its technology as soon as possible. Even world forex broker without Musk’s involvement, Starlink has immense market potential.

It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser.

Musk has had an often contentious relationship with the regulations of publicly traded companies. In 2018, he agreed to pay millions in settlement charges with the Securities and Exchange Commission in response to fraud charges around an aborted plan to take his electric vehicle maker Tesla private. He’s also currently battling with Twitter over a proposal to take the social media company private. The latest timeline delay comes despite repeated questions from a variety of investors over the years about owning a piece of SpaceX, a stock which remains privately traded. Starlink is backed by SpaceX, a company founded by billionaire Elon Musk. Neither SpaceX nor Starlink are publicly traded, although there are still ways to invest.

To expand their coverage even further, Starlink recently launched additional satellites with a specific focus on providing internet access to the polar regions. In just two years, they plan to have these regions covered, bringing connectivity to some of the most remote places on Earth. Some, like the ARK Space Exploration ETF (ARKX), have exposure to SpaceX due to their investments in related sectors.