Starlink seeks to provide high-speed, low-latency broadband internet to remote areas around the world where fiber and related technologies are difficult to implement. This was an angel investor into the company and you can buy into this fund. Granted, it’s only for US people, but if you invest in the BFGFX you might get some of the Starlink stock too. This is a fund that invests in various companies which are delivering a lot of amazing potential. Obviously they invested in Starlink early on, and this has the potential to help you as an investor too.
Since Starlink is a private company, retail investors cannot buy stock shares. Buzzery, LLC (d/b/a “FinanceBuzz”), is registered with the U.S. If you’re looking for information on how much Starlink is worth, it’s a bit tricky to pinpoint because Starlink is a private company. You can look at the $6.6 billion projected revenue in 2024 as an indicator that the company is doing well, but there’s no value based on a stock exchange market cap.
Who are Starlink/SpaceX’s competitors?
Neither entity needs to disclose its financial results publicly. However, Quality Space has conducted an in-depth analysis of Starlink’s financials. That report noted that Starlink was on track to book $6.6 billion of revenue in 2024 and was on pace to deliver its first year of positive free cash flow. Investors would follow a similar process to buy an IPO stock like Starlink when it goes public.
How to Buy Starlink Stock in 2024
From an investment perspective, the coolest thing about Starlink isn’t necessarily what the company does — but who’s behind it. Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA()/SIPC(). Honestly, I wouldn’t hold your breath waiting for a Starlink IPO at this point. Though rumors have swirled for years, Elon Musk himself continues to state that he wants the company to grow and mature before it would go public. Plus, he’s a busy guy, if you haven’t noticed, running SpaceX and X and Tesla and Starlink. According to Space.com, there are 6,426 Starlink satellites in orbit as of September 2024.
However, there have been news and rumors about a potential initial public offering (IPO) in 2024. In November 2023, in response to a post by Bloomberg, Elon Musk denied any plans for a trading tutorials and platform video guides Starlink IPO coming so quickly. Starlink is a satellite internet constellation project developed by SpaceX—Elon Musk’s aerospace company.
- Iridium Communications (IRDM 3.27%) is a global satellite communications company.
- Making use of this 30 day grace period is the easiest way to build up your customer rating and make you eligible for more IPO stocks.
- Sure, they’ve faced some financial challenges along the way, but that hasn’t stopped them.
- Starlink may or may not be profitable, with projected revenue of $6.6 billion to $6.8 billion in 2024, per market research.
- Find out how to invest in Tesla stock if you want to go this route.
- It pioneered human spaceflight for private individuals and researchers.
For once, we do know how much institutional investors are paying to acquire a stake in SpaceX and Starlink. That privilege is normally reserved to institutional investors. SpaceX counts powerhouses like Andreessen Horowitz, Sequoia Capital, or Founders Fund as backers. At least a few years before Starlink revenue is reasonably predictable. Will do my best to give long-term Tesla shareholders preference. SpaceX itself, according to Crunchbase, has raised close to $10 billion from institutional investors like Fidelity, Google, and even NASA.
Look for Starlink on pre-IPO trading platforms
However, Gwynne Shotwell, president and CEO of SpaceX said in a 2021 interview that Starlink’s total addressable market could be as high as $1 trillion. Temu’s surging popularity and growth potential have many wondering whether they can buy shares of its stock. Valuation is another crucial factor investors should consider before buying any stock.
Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you how to buy kaspa agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
Where to Buy SpaceX IPO Shares
However, different investors and analysts have different opinions and predictions, and Elon Musk himself has not been sharing much of his plans how to buy satoshi for the planned IPO. This is also the range where a lot of Starlink’s competitors have historically traded at. ViaSat, for instance, reached an all-time high of $92 per share back in May 2019 and currently trades around the $30 to $40 range.
Invest in Starlink partners
It offers the lowest price for US options in Europe – just $0.65 per contract, and you can also benefit from a USD savings account with an interest rate of 3%. One aspect that is unique to Starlink is the loyal following of its CEO Elon Musk. It wouldn’t be surprising if retail investors significantly drive up Starlink’s stock price when it goes public, thus leading to a popping of the stock price.
SpaceX isn’t a publicly traded company, so you can’t buy shares through a brokerage account. However, accredited investors can sometimes purchase shares through platforms that trade private securities on a pre-IPO secondary market. Since Starlink isn’t a publicly traded company, you can’t buy shares of the satellite internet service provider in your brokerage account. And because it’s a unit of SpaceX, investors can’t buy pre-IPO shares of Starlink on secondary platforms that trade shares of start-ups.