It’s essential to thoroughly research a company before buying its shares. Starlink didn’t have an IPO on the calendar as of late 2023. A November 2023 Bloomberg report said that SpaceX was discussing an IPO of its satellite internet business, which could come as soon as late 2024 or 2025. Here’s a look at what you need to know about Starlink, how to invest in its stock if it completes an IPO next year, and some alternatives to investing in the space company.

Still, there are ways for investors to buy Starlink stock in 2024, well before its IPO. Explore opportunities for investing in Epic Games, and the ins and outs of this entertainment company. Visionary entrepreneur Elon Musk founded Space Exploration Technologies Corp, or SpaceX, in 2002 to reduce space transportation costs so humanity could eventually colonize Mars. While Musk’s ultimate dream for the company has yet to become a reality, SpaceX has become one of the world’s most valuable start-ups. Sign up for our daily newsletter for the latest financial news and trending topics.

  1. Of course, if you want to invest in related companies, you will first need a brokerage account.
  2. They are for informational purposes only and are not a recommendation of an investment strategy or to buy or sell any security in any account.
  3. Another reason to like Starlink is its pairing with SpaceX.
  4. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).
  5. Together, these investments are worth $10.5 billion, or about 7% of SpaceX and Starlink.
  6. Starlink is a subsidiary of SpaceX, a privately held entity controlled by Elon Musk.

There is no Starlink stock symbol and you can’t buy it in your brokerage account. The company went public in 2019 when it merged with a special purpose acquisition company (SPAC) run by famous investor Chamath Palihapitiya. After many delays, the company launched its first test spaceflight in 2021. It finally launched commercial services for scientific research in 2023, with plans to launch a new class of spaceships for commercial space tourism services by 2026.

Starlink IPO News: 11 Things to Know About Elon Musk’s Satellite Internet Service

Starlink’s business plan aims to provide worldwide internet through its satellite network. By 2025, the goal of this initiative is to spread its market penetration from 0.1 percent of all internet users to 2.3 percent of the world’s online population. This might boost more than 14 million users by the middle of the decade.

SpaceX launches first satellites for T-Mobile direct-to-cell project

While satellites at a higher altitude take hundreds of years to burn, Starlink’s low-orbit satellites will burn up in about one to five years. In early June, Elon Musk announced that a Starlink IPO will likely come in 2025 or 2026. Starlink stock will likely list on the New York Stock Exchange (NYSE) or Nasdaq exchange. SpaceX has caught much attention in the developing space sector with its stunning launches.

Owning Alphabet means you would technically own a very tiny portion of SpaceX. But not one large enough to validate an investment decision. SpaceX has endured several additional venture rounds since then, and in 2022, it’s estimated to be valued at questrade forex more than $100 billion. Going to Mars will not be a business venture, at least not at first. It’s a humanitarian mission to hedge against Earth’s inevitable demise. Starlink’s big win in this FCC handout came as a surprise to many in the industry.

How to Invest in Starlink Stock as a Retail Investor

FinanceBuzz is not a financial institution and does not provide credit cards or any other financial products. Although nothing is for certain at this point, some predict Starlink will be more valuable than SpaceX itself. The firm believes that Starlink will cost $10 billion per year to develop but will generate $30 billion per year once completed. Nonetheless, the speed with which Starlink is expanding will help turn it into an appealing market leader in a field that is gaining government attention. After doing some more research you will be able to better determine if this is the right investment for you.

Best Stocks to Invest In

Accredited investors may join these sites and attempt to buy shares of pre-IPO companies when they become available. Founders, early employees, and investors often find themselves in a difficult predicament. They own valuable shares of a company that doesn’t trade publicly. Along with Fidelity(private), Google announced a $1 billion investment in SpaceX in January 2016. The investment amounted to 10% ownership of the company ($10 billion valuation) at the time.

This model will undoubtedly be reviewed as the number of satellites increases, and the userbase expands. When Musk decides to list its shares, I would expect Starlink’s IPO to command a valuation north of $100 billion. If we assume the average customer pays Starlink $100 per month, its 2 million customers are currently generating $200 million per month in revenue, or $2.4 billion per year. This accounts for about 2% of Shift4’s total payment volume. If you don’t like the other 99.4% of Google’s business, I wouldn’t recommend buying its shares to gain exposure to Starlink. If you’re a retail investor, don’t worry, there are a few indirect ways you can gain access to Starlink’s upside.

Who owns Starlink stock?

Additionally, Musk believes Starlink could bring in annual revenue of $30 billion. It’s possible given the financial track record of other internet service providers that Starlink’s valuation could hit over twice the estimated revenue. As a subsidiary of a private company, Starlink has not made available to the public its financial details.

Starlink is a constellation of satellites using a low-Earth orbit to bring broadband to even the most remote areas. However, as with all of Elon Musk’s companies (except Tesla), Starlink is not publicly traded for now. That may not be a bad thing, though, because its service has been unreliable for many of those who have tried it. In addition, the company doesn’t appear to be profitable yet — though we will need to see its earnings reports to know for sure.

It provides voice and data service anywhere in the world through its 66 low-earth orbit satellites. Iridium’s satellites serve the maritime, aviation, government, land-based handset, and Internet of Things (IoT) markets. However, Musk posted to X (formerly Twitter) that the report was “false.” Musk wants to wait until Starlink can deliver smooth and predictable revenue and cash-flow growth. It had only achieved a break-even level for its cash flow in late 2023. Given that qualifier, the company might not go public for several more years.

A DIY investor since 1995, he started Retire Before Dad in 2013 as a creative outlet to share his investment portfolios. Craig studied Finance at Michigan State University and lives in Northern Virginia with his wife and three children. Joining a broker that offers access to IPOs does not guarantee a share allocation, especially in high-demand IPOs. You are probably better off waiting for the company to start trading after the IPO.