Elon Musk Revealed Starlink Future Plans (Add-Ons, IPO)
Will SpaceX's Starlink project become Elon Musk's next stock listing. He along with the President of SpaceX, Gwynne Shotwell, has said that Starlink is the right kind of business that could be spun out and have an IPO.
But there is a lot of work that needs to be done first to make Starlink's internet service profitable. And Elon won't list Starlink as a public company until things are stable. Just like how he does not want to list SpaceX, until his Mars mission plans are up and running.
Other topics covered in this video include:
• Who's benefiting from the Starlink service today (emergency responders, rural tribes)
• Who else is competing in this internet satellites space (from Amazon to Apple)
• When could we see the Starlink stock price
• Other ways Starlink could make money (add-ons, battery packs)
• Starlink's launch growth and future plans explained