A SpaceX subsidiary, Starlink is argo blockchain plc sees mining revenue rise in may despite bitcoin halving a satellite-based internet service provider, delivering high-quality, low-latency performance. Most importantly, SpaceX CEO and Tesla Elon Musk promised to push the Starlink IPO when it is financially viable to do so. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services.

How to Invest in Starlink Stock as a Retail Investor

It invested a second time in December 2021, at a valuation of $100 billion. Founded in 2006 in Israel, eToro now has over 30 million customers worldwide. The platform is widely known for its social and copy trading features. It allows users to trade stocks, forex, commodities, cryptocurrencies, CFDs, and ETFs. EToro is one of the world’s most popular investing platforms with over 28.5 million users. Musk added later that year that Starlink’s parent company SpaceX „needs to pass through a deep chasm of negative cashflow over the next year or so to make Starlink financially viable.“

Elon Musk’s main criteria is that he wanted Starlink to be profitable with a predictable cash flow. This new satellite network communication system will provide fast and widespread internet coverage like never before. There are over 3,000 Starlink satellites currently in orbit, and in total, there will be around 12,000 satellites, potentially rising to an astronomical 42,000 at some stage. Finally, you can’t ignore that Starlink is a SpaceX subsidiary. And that means that investors will be betting on the target business as well as Elon Musk.

How to buy the Starlink IPO

Looking at the performance of similar companies can help you decide if now is a good time to buy Starlink stock. Having its own rockets has allowed the company to launch about 2,000 satellites since May 2019, or more than 600 per year. Having more satellites in the sky may enable consistently faster speeds and fewer interruptions. Starlink has also launched a premium service, which it simply calls Starlink Premium. The company claims the service will double Starlink antenna capability for higher internet speeds and throughput. Those who sign up are required to make a $500 deposit and pay $2,500 for the antenna and router.

The acronym stands for ‘Initial Public Offering’, it’s a process used by large private companies to raise additional capital. This is done to further invest in the growth of the business or even pay off debt. An IPO creates public awareness, putting the company under the spotlight. Timing of an IPO is crucial for a company if it wants to maximise its capital-raising potential and increase its valuation due to demand from investors and the market. If there’s one person who’s had the Midas touch when it comes to money, business, and investing in recent times, it’s Elon Musk. His businesses and notoriety helped propel him to (briefly) become the wealthiest man in the world.

These can be public or private companies, though each of the fund’s top 15 holdings are private companies. Along with SpaceX, its top 10 holdings include Epic Games, Anthropic, Discord, and Figure AI. Accredited investors can invest in SpaceX directly through Hiive, which is a marketplace for private, pre-IPO companies. It’s hard to know for sure because Starlink’s financials are not readily available as it’s still part of SpaceX, a private company. However, some reports suggest it is heading in a profitable direction in 2023. Elon Musk said he wanted a more predictable cash flow before an initial public offering, but he didn’t get too specific.

Is Starlink publicly traded?

1. FinanceBuzz does not provide credit cards or any other financial products.
2. At the time of this writing, Starlink was not publicly traded, and there was no concrete date for a Starlink IPO.
3. Also, unless you’re a well-heeled and well-connected investor, chances are you won’t have access to an IPO at the initial offering price.
4. When Starlink goes public, you will be able to buy its shares on an investment platform such as eToro.
5. This new satellite network communication system will provide fast and widespread internet coverage like never before.

Starlink’s low-orbit satellites are also less vulnerable to geographic interference while offering more consistent and reliable coverage. Additionally, Musk believes Starlink could bring in annual revenue of $30 billion. It’s possible given the financial track record how to buy bitcoin fidelity of other internet service providers that Starlink’s valuation could hit over twice the estimated revenue. Of course, if you want to invest in related companies, you will first need a brokerage account. Check out our lists of the best investment apps and best brokerage accounts to see some great options, a number of which are commission-free.

The company’s potential is also raising eyebrows among investors. Starlink estimated its addressable market was $6 billion at launch. What this means is Starlink could bring in as much as $6 billion in its first year if it can turn every potential sales lead into a customer. However, Gwynne Shotwell, president and CEO of SpaceX said in a 2021 interview that Starlink’s total addressable market could be as high as $1 trillion. SpaceX’s Starlink promises to provide internet service to the entire planet. Starlink might be an excellent investment if it follows through — but you can’t invest in it just how to use on balance volume yet.

Despite recent pitfalls at X, previously known as Twitter, the man has been involved in multiple highly successful and high-profile tech companies. Starlink itself is an offshoot of one of his other companies, SpaceX. There’s been a great deal of speculation surrounding a potential Starlink initial public offering (IPO). His distinct writing style of distilling convoluted data into relatable and compelling narratives has earned him recognition among several investment-related publications. It’s impossible to predict how any stock will perform — and IPOs can be particularly volatile.

With that in mind, those considering a Starlink investment must ensure they understand the company and its technology as soon as possible. Even without Musk’s involvement, Starlink has immense market potential. A lack of connectivity is one of the most significant bugbears facing the proliferation of technology like autonomous vehicles and the internet of things. By removing this restriction, Starlink could cultivate a flood of invention and innovation and allow edge computing to thrive. The main reason for this interest is Musk’s reputation in the investment space.