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