Home Cryptocurrency service How To Buy Starlink Stocks: Are They Available? Plus 5 Alternative Ways

How To Buy Starlink Stocks: Are They Available? Plus 5 Alternative Ways

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While there has been some speculation that Musk might take Starlink public, he has downplayed that idea. In late 2023, he told listeners on his social media site, X, that it didn’t make sense to take Starlink public because the company wasn’t having any trouble raising money privately. Always do your own research and consult with a financial advisor before making any investment decisions. SpaceX (the parent company of Starlink) was valued at $137 billion in early 2023. He founded SpaceX in 2002, putting $100 million of his own money into the venture. Fast forward to today, and SpaceX is ibm salary entry level software development launching rockets, ferrying astronauts to the International Space Station, and even working to get humans back on the moon.

Based on its projected 2024 revenue of $6.6 billion and expectations of posting an annual profit, that may be just around the corner. While Starlink IPO rumors have been circulating, there is no clear indication it will happen soon. Still, there are ways for investors to buy Starlink stock in 2024, well before its IPO. So, the higher the customer rating you have, the more shares you will be eligible for when an IPO like Starlink launches.

How do I open a Freedom24 IPO account?

The company aims to launch 100% of its satellites into orbit by 2027, and Elon Musk expects the total amount invested into the project to be between $20-$30bn. The Grey Market allows you to trade private stocks of a company based on its potential. You can expect a share price of about $560 from a funding round worth $100 billion valuation or $419.99 per share from a $74 crypto markets hit after us authorities ‘look into’ binance exchange billion valuation. It is currently not possible to invest directly in SpaceX or Starlink, but you can invest in the one Elon Musk firm that is publicly traded.

  • While there has been some speculation that Musk might take Starlink public, he has downplayed that idea.
  • SpaceX has not been made available to the public via an IPO or SPAC, but it is available on Hiive, our recommended pre-IPO investing platform.
  • The platform is widely known for its social and copy trading features.
  • Profitability may remain pressured as it invests in expanding its satellite network.
  • One of those companies is Shift4 Payments INC(FOUR on the New York Stock Exchange).

Does Starlink have an IPO date?

Accredited investors can sometimes buy shares of SpaceX on secondary platforms, like Rainmaker Securities, that trade shares of pre-IPO companies. Investors would follow a similar process to buy an IPO stock like Starlink when it goes public. Once shares become available, fill in your brokerage account’s order page with Starlink’s selected stock ticker and submit your trade. Boeing produces many space products, including satellites, building them for government and commercial operators.

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 agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results. Starlink, created by SpaceX, is changing the way we access the internet by building a vast network of small satellites in low Earth orbit.The main goal? To bring high-speed internet to rural areas that have been left behind.

Can You Buy Starlink Stock? Is Starlink Publicly Traded?

What this means is Starlink could bring in as much as $6 billion in its first year if it top 14 free forex trading books and pdfs 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. SpaceX’s Starlink satellites form this constellation; the company uses satellites in low Earth orbit to enable online gaming, video calls, streaming, and other aspects of internet connectivity. Musk has said that he wants the company’s revenue growth and cash flow to be smooth and predictable before it goes public.

ETF options

SpaceX CEO Elon Musk knows this, and will keep the company private as long as he can. This way, he can make the strategic decisions without needing to answer to shareholders. So, if you’re looking for a potential long-term investment, Starlink is definitely a good option. The best course of action is to stay tuned for any official announcements from SpaceX or Starlink regarding their plans for a potential IPO or any other public offering.

SpaceX has had 30 funding rounds and has raised $9.8 billion thus far, making it the most well-funded private company in the aerospace industry. Unfortunately, Hiive is only available for accredited investors – retail investors can’t directly invest in SpaceX. Also, SpaceX’s employees can sell some of the company’s shares during funding rounds. In December 2022, the employees could sell their shares at $77.

For now, there are some options you may consider if you want to know how to invest in SpaceX or in Starlink. With a Ticker Nerd Premium membership, you’ll get our monthly reports for 12 months AND unlock access to our report archive with 120+ stock deep dives. Please note the team at Ticker Nerd put a lot of effort into personally using and testing the services we review. We may earn an affiliate commission if you buy a product or service through a link on this page, at no additional cost to you. Elon Musk said he wanted to make sure Starlink’s revenue stream was “reasonably predictable” before considering taking it public.

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