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IPFS News Link • Communications

SpaceX Will IPO Starlink

• https://www.nextbigfuture.com, by Brian Wang

SpaceX is launching 60 Starlink satellites with every Falcon 9 launch. They are four successful launches from minimum global coverage.

420 satellites are needed for minor broadband coverage of Earth and 780 of the first ~1600 for moderate coverage.

It would make sense to IPO after they have moderate coverage or full Northern hemisphere coverage. A spinout IPO would normally give current SpaceX owners shares of the spinout company. SpaceX would get cash from the IPO and SpaceX would retain shares in Starlink that were not sold in the IPO.

SpaceX expects more than US$30 billion in revenue by 2025 (or 2026) from its satellite constellation, while revenues from its launch business were expected to reach US$5 billion in the same year.

It Starlink achieves $50 billion per year in revenue in 2025-2027 then they would have revenue that is double the annual budget of NASA. Direct TV provides satellite TV services and it has $40 billion per year in revenue.


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