Musk plans IPO for SpaceX’s Starlink business | The Daily Star
12:00 AM, September 30, 2020 / LAST MODIFIED: 03:22 AM, September 30, 2020

Musk plans IPO for SpaceX’s Starlink business

Tesla Inc Chief Executive Officer Elon Musk plans to list SpaceX's space internet venture, Starlink, several years in the future when revenue growth is smooth and predictable.

"Public market does *not* like erratic cash flow haha," the billionaire entrepreneur tweeted here on Monday.

Musk said last year that Starlink was an important new revenue stream for his California-based Space Exploration Technologies, or SpaceX. SpaceX President Gwynne Shotwell in February floated the idea of spinning Starlink off for an IPO in the coming years.

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