I don't buy IPO's - but if I do it is an Elon IPO (Patreon)
Published:
2023-11-15 16:28:59
Imported:
2023-11
Content
Lot's of buzz around SpaceX IPO next year. However, Elon says it is false. That does not stop the finance media.
- SpaceX is discussing an IPO for its Starlink satellite internet business in 2024
- Musk has previously stated his intention to list Starlink once its revenue growth and cash flow are stable and predictable, noting earlier this month that Starlink has achieved cash-flow breakeven.
- SpaceX, valued at around $150 billion, is notable for being the first private company to send humans into orbit and for its innovations in reusable rockets.
- Starlink, currently the largest satellite operator globally, recently secured a contract to provide free internet in Mexico until the end of 2026.