SpaceX is considering spinning off its Starlink satellite business in the next several years, creating a separate company through an initial public stock offering.
Starlink is SpaceX's plan to build an interconnected network of about 12,000 small satellites, to provide high-speed internet to anywhere in the world.
It's a project for which SpaceX has been steadily raising capital, as President and COO Gwynne Shotwell said two years ago "it will cost the company about $10 billion or more" to build the Starlink network. Last year,, with recent investor Ontario Teachers noting the future growth potential of Starlink.
If SpaceX can overcome the technological challenges of building and distributing this service, the company is optimistic on its potential demand and revenue. SpaceX CEO in May estimated that Starlink could bring in revenue of $30 billion a year – or about 10 times the highest annual revenue it expects from its core rocket business.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Elon Musk is hiring at SpaceX, which is hosting a career day Thursday - Business InsiderElon Musk is looking to hire engineers, supervisors, and technicians for his rocket company's Starship project.
Baca lebih lajut »
Elon Musk is recruiting for SpaceX: work ethic, talent, common sense needed, 'the rest we can train'SpaceX boss and billionaire tech entrepreneur Elon Musk tweeted his spacecraft business is hiring for its Starship spacecraft project. 'A super hardcore work ethic' is needed, as is talent for building things and trustworthiness, but 'the rest we can train.'
Baca lebih lajut »
'Should I buy Tesla?' tops Google search terms as investors rush into surging stock'Should I buy Tesla stock' topping Google search terms leaves TSLA investors seeking to explain the rally of Elon Musk's company.
Baca lebih lajut »
Elon Musk is hiring at SpaceX, which is hosting a career day Thursday - Business InsiderElon Musk is looking to hire engineers, supervisors, and technicians for his rocket company's Starship project.
Baca lebih lajut »
Musk's Tesla stake worth $30 billion after electrifying stock surgeTesla is making Elon Musk a lot richer without paying him a dime.
Baca lebih lajut »
'Giga Texas?' Musk asks Twitter users to vote on new gigafactoryElon Musk, the billionaire chief executive officer of Tesla Inc , went on Twitte...
Baca lebih lajut »