Elon Musk's SpaceX could spin off Starlink as public company by 2025, analysts predict

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'We think it makes perfect sense,' Ben Wood, chief of research at CCS Insight, told CNBC in an interview. 'Starlink is going to need to invest heavily.'

Elon Musk could spin Starlink off from SpaceX and carry out an initial public offering by 2025, tech analyst firm CCS Insight said in a report.

Earlier this year, Musk told employees an IPO of Starlink was unlikely until 2025 or later, CNBC reported, citing the billionaire's comments from an all-hands meeting of SpaceX employees. Starlink uses satellite to provide broadband internet to users and is part of Musk's space exploration company.

 

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Once its profitable, Elon is going to spinoff starlink

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