SpaceX may hold an IPO of Starlink at the end of 2024 – Kommersant

SpaceX may hold an IPO of Starlink at the end of 2024 - Kommersant

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The American company SpaceX is considering the possibility of an IPO of its satellite division Starlink at the end of 2024, reports Bloomberg with reference to sources. According to them, SpaceX has transferred Starlink assets to its subsidiary, which will be spun off as part of the IPO.

As the agency clarifies, a final decision has not yet been made, and SpaceX may ultimately retain the division. Bloomberg’s interlocutors added that the IPO may also be postponed until 2025. More specific dates are not given.

The head of SpaceX, Elon Musk, commented on the agency’s publication in X, calling the information about plans for an IPO false.

SpaceX has been implementing the Starlink project since 2018. The launch of the first satellite took place in 2019. Ctqxfc the Starlink network has more than 4,750 active satellites. US authorities talked about the intention to increase its presence in space.

Laura Keffer

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