![]() Therefore, an investment in Starlink could be an even more attractive investment compared to SpaceX. It is expected that Starlink could have a revenue of $30 billion per year, which is currently much more than the space rocket business. ![]() Right now, you can pre-register for Starlink access, and SpaceX already said that more than 700,000 individuals within the United States are interested in using Starlink for $99 per month.Īlone those who registered so far would lead to annual revenue of $349,300,000. The data speed varies from 50Mb/s to stunning 150Mb/s with a low latency of about 20-40ms. If you now think that you may have just a few bytes of speed when connecting to a satellite far away, well, then you are entirely wrong. The plan is to send a minimum of 10,000 satellites to orbit and provide high-speed internet worldwide for $99 per month or $499 pre-paid for a year. Starlink is the by far most profitable SpaceX subsidiary, and it is an exciting alternative to investing in SpaceX directly. Starlink IPOĮlon Musk announced that he expects to go public with Starlink once they have all relevant numbers in their hands. The SpaceX stock price would then dictate what to do and when.īut here is the deal, Starlink, a venture of SpaceX, will probably go public soon. Elon Musk simply doesn’t need the capital that an IPO would bring into company accounts, and he would give a part of company relevant decisions to investors. Only an IPO would give a much better understanding of the company’s value. Elon Musk is known for being shy when it comes to the SpaceX IPO. SpaceX raised $850 million of new capital by selling private stocks to investors. What is SpaceX worth? In February 2021, Elon Musk said that it is now worth a whopping $74 billion. Sure, affordable is relative, but if you compare it to the expected price of Virgin Galactic with $250,000 per seat, well, then $20,000 sounds like a bargain. SpaceX wants to colonize Mars and make space tourism affordable with $20,000 and lower. We also take a closer look at the main competitors and alternative space stock investments that are already publicly traded.Įlon Musk founded SpaceX in 2002. This article provides details about the newest developments around the SpaceX stock price and SpaceX IPO. Elon Musk recently announced that Starlink is likely going public once the cash flow can be predicted reasonably well. Wouldn’t it be awesome to have a specific SpaceX stock price and an exact SpaceX IPO date? That would be awesome, but so far, SpaceX is privately held, and we still don’t know yet when we can invest in Elon Musks’ megaproject.īut the good news is, Elon Musk recently announced that an IPO of the Starlink project. ![]() Space stocks are booming these days, and the question of how to buy SpaceX stock is one of the most frequently researched ones. YUM (Yum Brands), which owns Kentucky Fried Chicken, Taco Bell and Pizza Hut.Fly Me to the Moon, let me play among the stars, and let me see what spring is like on a-Jupiter and Mars… Frank Sinatra’s Fly Me to the Moon lyrics may become true faster than we ever thought. Some ticker symbols have a sense of humor like The Dow Jones Industrial Average consists of the following 30 companies: Company These are the 30 stocks that make up the Dow Jones Industrial Average that you hear quoted all of the time: Ticker symbols for some of the largest and most widely held stocks are below. Some of the oldest and biggest companies have only one letter as their stock symbol: (Occasionally they contain a “.” or a “-” to designate a subtle difference or class of shares.). Stock ticker symbols are usually 1 to 5 letters long. When researching stocks, getting quotes, and placing trades, you usually have to know the ticker symbol. The first thing you must understand about trading stocks is that the exchanges have assigned each stock a unique “ticker symbol” for identification purposes.
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