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Space News 247

Get Your Free Report On How To Profit From The SpaceX Starlink IPO.

Receive – complimentary report on the SpaceX Starlink IPO
– details on where and how to buy pre-IPO shares

Complete below fields to register.

Entering New Markets

SpaceX has developed a new space internet system that provides customers worldwide internet access. Starlink is currently beaming down relatively high-speed data from its network array of low earth orbit satellites.

Satellite Production

Over the last few years, SpaceX has placed almost 2,000 satellites into orbit and will increase the bandwidth of its service with each launch. Exactly how many people will be willing to pay for this service remains an open question.

$100B Market Valuation

Elon Musk plans to put up 42,000 satellites in orbit and by 2025, SpaceX has projected to earn as much as $30 billion annually from its satellite broadband internet business, more capital than SpaceX earns from launching satellites.

Learn How To Profit On The SpaceX Starlink IPO

Receive our free SpaceX Starlink IPO Research Report to find out more information on how to profit today. “Right now we are a private company, but Starlink is the right kind of business that we can go ahead and make public”, commented Gwynne Shotwell, SpaceX Chief Operating Officer.

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Our Analysis On The SpaceX Starlink IPO

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$100 BILLION MARKET VALUE

The latest funding round will value SpaceX at a whooping $100 billion, making it one of the most valuable private companies in the world, trailing traditional industrial conglomerates like Cargill and Koch Industries.

$10 BILLION INVESTMENT

SpaceX has estimated that the Starlink project, which involves the first stage of launching a network of 12,000 satellites, could cost more than $10 billion. Since 2018, they have launched almost 2,000 satellites.

ENTERING NEW MARKETS

SpaceX can only cover higher altitudes, but by the end of the year, it expects to have global coverage. Such a service would, in effect, turn SpaceX into a telecommunications company that also has a rocket business.

A SHARE OF SPACEX

Investors have, to this point, had limited ways to own a piece of SpaceX, which has become one of the most richly valued venture-backed companies in the US by dominating the commercial rocket industry.

NO COMPETITION

Historically, similar space internet services have not figured out how to turn such a system into a huge, global business. Starlink dwarfs all these previous attempts in terms of the size and scope of its ambition.

THE FUTURE OF INTERNET

Over the coming years, SpaceX intends to place thousands of satellites into orbit and will increase the bandwidth of its service with each launch. Consumers are currently lined up to pay for this service.

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