Starlink does not have stock at this point. It’s a private company, but Elon Musk does plan to take the company public. A lot of people price in Starlink into Tesla ($TSLA), however, Musk will probably take the company public to raise more money for the company and raise his net worth. So, when Starlink does go public, you will be prepared with this article.
What Is Starlink?
Starlink is a satellite-based broadband internet service that is being developed by SpaceX. The service is designed to provide high-speed internet to rural and remote areas that do not have access to traditional cable or fiber optic networks. Starlink is currently in beta testing and is expected to be launched commercially in 2020.
Which Country Is Starlink Available In?
Starlink is available in the United States, Canada, and the United Kingdom. However, Elon Musk can send the satellites anywhere around the earth as he pleases as he did when Ukraine’s president asked for help.
Why Do People Want To Invest In Starlink?
Starlink is a new satellite-based internet service that has the potential to provide high-speed internet to remote areas. The service is still in beta testing, but it has the potential to provide a much-needed service to areas that do not have access to high-speed internet. While internet is not a new thing but rural places where they cannot get fast internet, that’s where Starlink comes into play
How Much Money Does Starlink Make?
Starlink does not release its financial information to the public. However, we can make a guess. Elon Musk said that Starlink has around 250,000 customers, at the rate of $100 per month, This translates to about $300M per year.
How To Buy Starlink Stock?
At this point, You cannot buy a Starlink stock because it’s a private company but in the near future, expect this company to go public.