Elon 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.
Can you please go ipo with it and somehow let retail investors in early? Retail always gets the tail end of ipos.
— VM (@vm_one1) September 28, 2020
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