How to Buy Starlink Stocks
Explore the investment potential of satellite communications and why Starlink's growth is drawing keen investor eyes.
Summary: Starlink, under the SpaceX umbrella and led by Elon Musk, remains privately held without immediate IPO prospects. Its growth has sparked investor interest, mirroring that of publicly traded satellite communication firms like Viasat (VSAT), EchoStar (SATS), and Iridium (IRDM).
These companies are accessible on eToro, which features a vast selection of over 3,000 assets, including satellite communication stocks and diverse ETFs, for investors aiming to invest in spaces similar to Starlink’s.
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Can I Buy Starlink Stocks?
At present, Starlink, a visionary project aiming to provide global satellite internet services, is not listed on any public stock exchange. This means that its shares are not available for purchase by the general public. Starlink is a subsidiary of SpaceX, the revolutionary aerospace company led by Elon Musk, which has largely funded Starlink through private investments and capital from SpaceX's coffers.
The advanced technology employed by Starlink and its potential to revolutionize worldwide internet connectivity has garnered significant attention from investors. These investors are keenly observing Starlink's progress, in anticipation of a potential future where SpaceX may consider a public offering for Starlink, allowing public shareholders to invest in its growth.
Is Starlink Going to IPO?
There are no public announcements from Starlink about an Initial Public Offering. Operating as a key initiative of SpaceX, Starlink is making strides in deploying a vast satellite network aimed at providing global broadband internet coverage. With its valuation surpassing $150 billion in private markets, Starlink is actively working to close the connectivity gap in remote areas with its cutting-edge technology.
The enterprise is privately supported, leveraging SpaceX's significant investment to focus on expanding and refining its satellite network. This autonomy enables Starlink to prioritize innovation and infrastructure development without the pressure of public market scrutiny. Nevertheless, as Starlink continues to evolve within the private market at its impressive valuation, the prospect of an IPO remains a topic of speculation among investors and industry observers.
Who Owns Starlink?
Starlink, the satellite internet service rapidly capturing global attention, is part of the privately held space exploration company SpaceX, founded by Elon Musk. With other satellite providers struggling to stay afloat, Starlink distinguishes itself by not only enduring but also expanding its service reach and expecting significant revenue growth, projected at over $8 billion by year-end 2023.
Ownership of this groundbreaking initiative lies with Elon Musk, who, with a substantial 47.4% equity in SpaceX, holds the reins of Starlink. Musk's influence is further solidified by his commanding 78.3% of SpaceX's voting rights, giving him near-absolute decision-making power over its subsidiaries, including Starlink.
SpaceX itself is backed by heavyweight investors, including Google and Threshold Ventures, among others, who, while they hold a minority stake, contribute to the consortium of SpaceX and hence, indirectly, Starlink.
Top Satellite Communication Alternatives to Starlink
Investors looking to diversify into satellite communications have publicly traded options akin to Starlink's market segment:
- Viasat Inc. (VSAT): A key player in satellite broadband and networking technologies, Viasat delivers internet services across multiple sectors, including both civilian and defense.
- EchoStar Corporation (SATS): EchoStar offers satellite services globally, including high-speed internet through its Hughes Network Systems division, targeting a broad customer base from businesses to individual consumers.
- Iridium Communications Inc. (IRDM): With a comprehensive satellite network, Iridium provides voice and data coverage worldwide, reaching remote areas untouched by traditional networks.
These stocks can be purchased through various brokerage platforms, with eToro being one notable option for investors. eToro provides access to a wide range of financial instruments, including stocks in the satellite communications industry, allowing for portfolio diversification similar to SpaceX's Starlink venture.
About Starlink
Starlink delivers high-speed, reliable internet service globally via its advanced satellite network, created by SpaceX. Catering to businesses and individuals in remote areas, it provides fast download speeds of 40-220+ Mbps, essential for streaming, video calls, and online work. The setup is user-friendly, requiring only a clear view of the sky and two simple steps to get connected, with no binding contracts and a 30-day refundable trial.
This innovative service by SpaceX, the leader in orbital class rocket reusability, ensures that even the most isolated locations have access to resilient internet, enhancing business continuity and connectivity. Starlink's flexible plans, prioritized customer support, and easy expansion to multiple locations make it an attractive option for users needing dependable internet access in underserved regions.
Bottom Line
In summary, while Starlink's innovative satellite internet service has garnered significant investor interest and continues to enhance global connectivity, it remains a privately held entity under SpaceX, with no current option for public stock purchase. Investors and those intrigued by Starlink’s technological advancements and market potential are advised to monitor its progress closely.