How to Buy Starlink IPO Stock on the Open

The company’s potential is also raising eyebrows among investors. Starlink estimated its addressable market was $6 billion at launch. What this means is Starlink could bring in as much as $6 billion in its first year if it can turn every potential sales lead into a customer. 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. The Starlink satellite internet constellation is a relatively new service promising to connect nearly every corner of the globe to the internet (and its done so in the wake of Hurricane Helene in Appalachia). I personally have several friends who have been relieved to finally get internet service in their rural homes thanks to Starlink.

Notable investors in Starlink

1. “But then we have regulatory work to go into every country and get approved to provide telecoms services.”
2. Starlink isn’t quite there yet (which reinforces the CEO’s desire to reach “reasonably predictable” revenue before IPO’ing).
3. The company is expected to have its first full profitable year in 2023.
4. You can’t invest in Starlink just yet, but there are a few reasons the broadband provider might be an investment to consider in the future.

The satellite internet provider was part of SpaceX, a privately What is nas 100 held company controlled by Musk. However, Musk has called those reports false, reiterating his desire for the business to continue maturing before it goes public. With Starlink’s revenue skyrocketing, investors are increasingly eager to get their hands on shares of Musk’s highly valued satellite internet company.

Lithium Market Outlook

To bring high-speed internet to rural areas that have been left behind. Companies like SharesPost or EquityZen allow you to buy pre-ipo stock. However, you’ll need to be an accredited investor to use these platforms.

IV. Starlink IPO Details

Bank of America (BAC) invested $250 million at a valuation of ~$30 billion in November 2018. At today’s Underperform stock meaning valuation, this investment is likely worth around $1.15 billion. If you don’t like the other 99.3% of Google’s business, I wouldn’t recommend buying its shares to gain exposure to Starlink. 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.

Musk’s goal for Starlink is to reach a point where its revenue growth and cash flow become smooth and predictable. It’s certainly heading in the right direction to achieve the target he set for the company before a potential IPO. You’ll have to open and fund a brokerage account before buying shares of any company.

That’s because Public offers a new method of investing with something called “fractional shares” … a fancy term that just means you can buy pieces of those thousand dollar stocks with as little as one buck. Hence, Starlink could be a boon to rural areas and other places where internet service is sparse (that’s a really big deal, bringing rural residents into the future). It also may be more resilient during severe weather and natural disasters because there are no towers or physical lines that can be wiped out on the ground. We’ve already seen that benefit in action in North Carolina and other areas impacted by Hurricane Helene. First, satellite internet by its nature is easier to expand than cable and fiber internet infrastructure.

Who is Starlink’s competition?

People can theoretically use Starlink as long as they have the necessary equipment and a clear view of the sky as its satellites orbit the globe. You can’t invest in Starlink net developer job descriptions salary and interview questions just yet, but there are a few reasons the broadband provider might be an investment to consider in the future. Elon Musk has also raised equity funding in several rounds, including an announcement of $337.4 million raised in December 2021.

Another problem is that some users reported “non-existent” customer service — something that will need to be addressed going forward. At the moment, it’s not a certainty that Starlink will be sustainable from a financial standpoint. Musk said in the past that the company needs up to $30 billion in annual funding to survive.