SpaceX plans likely spinoff and IPO for Starlink broadband division

SpaceX plans likely spinoff and IPO for Starlink broadband division

4 years ago
Anonymous $-riAjkQg_1

https://arstechnica.com/information-technology/2020/02/spacex-plans-likely-spinoff-and-ipo-for-starlink-broadband-division/

SpaceX is likely to spin out its Starlink broadband business, SpaceX President and COO Gwynne Shotwell said today at an investor event.

"Right now, we are a private company, but Starlink is the right kind of business that we can go ahead and take public," Shotwell said at the event, according to a Bloomberg article. "That particular piece is an element of the business that we are likely to spin out and go public."