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Technically, it’s still part of SpaceX and therefore owned by the same investors and owners. Remember, conducting research and staying informed about the latest developments is crucial. If you need guidance, consulting with a financial advisor can help you make well-informed investment decisions.
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Ways to Invest in SpaceX Stock in 2024
In summary, retail investors that want to purchase Starlink stock during and after the IPO can probably expect to pay somewhere between $50 to $100. Interestingly, this wasn’t even close to the price that previous investors were willing to pay for a share. Back in February 2022, SpaceX underwent a 10-for-1 stock split, thus reducing the price per share from $560 to $56 apiece. Second, investors normally get access to confidential company data such as revenue, profit/loss statements, the number of customers, and so forth.
In June 2024, SpaceX planned a secondary market transaction – giving insiders a chance to sell some or all of their shares – which valued the company at $210 billion. This was a $900 million investment at a valuation of $12 billion. It invested a second time in December 2021, at a valuation of $100 billion. Still, Musk’s vision for widespread “government efficiency” would likely target the FDA, too, and potentially get his Neuralink speedier approvals. So far, Neuralink has implanted brain devices in two patients with FDA approval.
So, this could be a surprise IPO that’s worth keeping an eye on. However, a Starlink IPO may partly depend on how the overall space sector and SpaceX are performing. The Starlink IPO will have to fit in with Musk and SpaceX’s broader business plans.
If you’re a retail investor, you can’t buy shares of Starlink stock — it’s not a public company. He has worked for financial advisors, institutional investors, and a publicly-traded fintech company. Right now, SpaceX is likely absorbing the losses that Starlink cryptocurrency trading in 2021 incurs. Meanwhile, the parent company continues to raise funding from institutional investors who remain collectively excited about the prospects of space exploration and travel.
How to buy Starlink stock as an accredited investor
Unlike traditional ground-based networks, Starlink’s satellite network bypasses the need for physical infrastructure and offers global coverage. If there’s one person who’s had the Midas touch when it comes to money, business, and investing in recent times, it’s Elon Musk. His businesses and notoriety helped propel him to (briefly) become the wealthiest man in the world. Alongside his involvement in PayPal, Tesla, Neuralink, and the Boring Company – one of his earlier projects SpaceX has developed an offshoot division called Starlink. The Starlink division hopes to revolutionise internet access across the world by using satellites and technology engineered by SpaceX.
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- However, you’d need to be an accredited investor (i.e., a high-net-worth individual or someone with a high income).
- Before making your first trade, you’ll need to determine a budget for how much money you want to invest.
- Unlike traditional ground-based networks, Starlink’s satellite network bypasses the need for physical infrastructure and offers global coverage.
- The company hoped to raise about $1.725 billion at $70 per share.
The company hoped to raise about $1.725 billion at $70 per share. The private company planned to inject the new capital into its Starlink and Starship venture. The concept at the back of Starlink is easy but groundbreaking. By beaming internet signals from space, it can bridge the digital divide and produce connectivity to regions in which traditional providers locate it tough or economically unfeasible.
The company’s ties to Musk, a man with an established track record of successful technology startups, has generated considerable interest out of the gate. Yet even ignoring the connection to Musk, Starlink has a massive potential addressable market thanks to ongoing demand for better connectivity and a relative dearth of viable options for edge computing. Starlink’s low-orbit satellites are also less vulnerable to geographic interference while offering more consistent and reliable coverage. Historically, speed and capacity represent the two most significant drawbacks to satellite internet. Most satellite internet service providers only support speeds between 25 and 300 megabits per second (mbps).
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As an independent source of information, our aim is to assist users of the SpaceX Starlink satellite internet service. We are not connected with either SpaceX or Starlink in any official capacity. Our focus is on providing useful tips and tutorials for those interested in learning about Starlink. Apart from the number of shares issued and industry comparables, 10 best cryptocurrency exchange platforms of 2020 there are a variety of other factors that determine the stock price of a company at the time of going public and beyond.
Starlink, founded in 2015 by SpaceX under the leadership of Elon Musk, is a satellite-based internet service provider. Headquartered in Hawthorne, California, Starlink operates within the satellite internet industry, specifically targeting areas underserved by traditional internet infrastructure. Starlink’s primary business model is to provide high-speed, low-latency internet through a constellation of small, low Earth orbit (LEO) satellites. Pre-IPO platforms such as EquityBee, EquityZen, and Nasdaq Private Market pool together accredited investors, brokers, and financial institutions to trade shares and stocks before a company goes public. Starlink, an excellent project by SpaceX, aims to create a constellation of thousands of small satellites orbiting the Earth. These satellites work together high tech java developer jobs to provide high-speed internet access to even the most remote corners of our planet.
Consider adding Starlink to your investment portfolio for a chance to be part of this exciting journey into the future of connectivity. Investing in Starlink, the ambitious satellite internet project by SpaceX, can be an attractive proposition for those interested in the rapidly growing space industry. However, since Starlink is still a private company, it is not possible to directly invest money in its stock. There are alternative ways to indirectly invest in this exciting venture.
The ARK Venture Fund is the best way for retail investors to gain exposure to Starlink/SpaceX, but there are two other ways you can gain indirect exposure to the company. On top of potentially looser government oversight, Musk’s alliance with Trump may help him secure federal contracts. The New York Times reports that SpaceX and Tesla have already racked up at least $15.4 billion in government contracts over the past decade. Musk’s colleagues and government officials told Reuters the billionaire’s investment in Trump is part of a broader effort to shield his companies from regulation and secure access to government subsidies. SpaceX has reached a dominant position in the global launch industry as its semi-reusable Falcon rockets have launched more than 100 times this year and counting.