Since Starlink is a private company, retail investors cannot buy stock shares. However, accredited investors occasionally can gain access to private companies like Starlink through platforms like Equitybee. However, there have been news and rumors about a potential initial public offering (IPO) in 2024. In November 2023, in response to a post by Bloomberg, Elon Musk denied any plans for a Starlink IPO coming so quickly. Since Starlink is not a publicly traded company, it doesn’t have a stock symbol or Starlink price chart. Starlink is a highly successful satellite internet service provider.
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- Furthermore, a Starlink IPO is gaining attention as the company is proving itself to be an ideal service in warzones, disaster situations and other hard-to-reach areas.
- And download speeds can be as low as 20 milliseconds in most locations.
- Since Elon Musk has a 47.4% controlling stake in SpaceX, he is automatically the presumed owner of Starlink.
EToro is one of the world’s most popular investing platforms with over 28.5 million users. Starlink is a constellation of satellites using a low-Earth orbit to bring broadband to even the most remote areas. Bank of America (BAC) invested $250 million at a valuation of ~$30 billion in November 2018. At today’s valuation, this investment is likely worth around $1.15 billion.
How to invest in Starlink as a retail investor
And download speeds can be as low as 20 milliseconds in most locations. Furthermore, the company plans to continue improving the system. The company is the only satellite operator with the ability to launch its satellites as needed.
We update it regularly to give you the latest news on upcoming and filed IPOs. But CEO Elon Musk first announced plans for one in February 2020. But this could take several years, depending on the health of the space sector and the overall market. Ukraine received the shipment of Starlink terminals less than 48 hours after Musk’s promise.
How much is Starlink stock?
Principally, you don’t have to go through SpaceX to purchase Starlink internet service. Considering this, it is unsurprising that many want to know more about Starlink owners. This article reveals the face behind this successful satellite network provider. Our March report reveals the 3 “Strong Buy” stocks that market-beating analysts predict will outperform over the next year. Retail investors can wait for the IPO, or explore some of the ideas discussed in this article.
These decision-making powers make him the de-facto owner of Starlink and other SpaceX subsidiaries. That said, it is safe to say these firms are minority owners of Starlink through SpaceX. Since Elon Musk has a 47.4% controlling stake in SpaceX, he is automatically the presumed owner of Starlink.
Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Furthermore, at the time of the recent IPO announcement, CEO Musk stressed the importance of Starlink being “in a smooth sailing situation” with “good predictability” before it makes its public debut. To see if Starlink offers service in your area, you can go to its website.
There isn’t a Starlink stock symbol, because the company is currently private. Starlink is a private company, so there is no Starlink stock price. When it does go public, you’ll need a brokerage account to buy shares. While it doesn’t own any Starlink or SpaceX yet, Cathie Wood’s Ark Space Exploration ETF (ARKX) would likely be the first ETF to invest in it if shares become available.
So it might take SpaceX a couple of years longer to reach this goal than Musk originally expected. But the way things are going, he does appear to be on a “smooth and predictable” path to hit that target eventually. And if Starlink does that — adding 1.5 million customers in a year to the 1.5 million customers it had in May — that https://www.tradebot.online/ would imply an annual growth rate of 100%. Which is really impressive, especially if this growth continues “smoothly and predictably,” as Musk wishes. On the other hand, it’s a lot less money than SpaceX had hoped Starlink would be bringing in by this time, back when it was first penciling in estimates for the service in 2015.
On top of this, Starlink’s frequent, low-cost launches will help to constantly update the service with the newest technology. Starlink is a satellite internet constellation operated by Elon Musk’s SpaceX. Starlink aims to make internet access available to everyone, regardless of where they are physically located. These letter abbreviations identify a stock belonging to a publicly traded company.
Assuming the price is not too ridiculous, buying into a Starlink IPO will be a no-brainer.
Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. According to data from S&P Global Market Intelligence, that’s even more revenue than SpaceX’s core launch services business generates. 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.
Who Owns Starlink: How to Invest in Starlink Stock
Starlink seeks to provide high-speed, low-latency broadband internet to remote areas around the world where fiber and related technologies are difficult to implement. The company currently has over 750,000 orders worldwide for Starlink’s satellite internet. But if you’re interested in the service, it could take a while. Waiting for service is likely to push all the way into 2023.
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When you select a broker, you can open and fund your account before making any stock purchases. Nowadays, brokerage platforms place a number of funding methods at the user’s disposal, such as bank transfers, credit/debit card payments, wire transfers, etc. In the meantime, if IPO investing interests you, check out our top recent IPOs and our IPO calendar.