https://techcrunch.com/2020/02/06/spacex-likely-to-spin-out-and-pursue-an-ipo-for-starlink-satellite-internet-business/

SpaceX looks likely to take its burgeoning Starlink business and spin it out, seeking to bring that satellite internet project to public markets via an IPO. That’s according to SpaceX COO and President Gwynne Shotwell, who made the remarks during a JPMorgan Chase investor conference, as reported by Bloomberg.

SpaceX has been launching batches of satellites to add to its Starlink constellation, with the goal of ultimately providing low-cost, globe-spanning high-bandwidth internet connectivity. Starlink will accomplish this using small satellites acting in a networked fashion in low-Earth orbit, with SpaceX ultimately aiming to launch as many as 25,000 satellites in total based on current regulatory filings.