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.
Once its profitable, Elon is going to spinoff starlink
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