Wish You Could Invest in Elon Musk’s StarLink? Here’s 1 Way to Invest in Space Internet Now The Motley Fool

how to buy starlink stock

At the moment, it’s not for certain that Starlink will be sustainable from a financial standpoint. Musk says the company needs up to $30 billion in annual funding to survive. He said in 2021 that the company was spending $1,000 to produce Starlink terminals, which it sells for $500.

  1. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions.
  2. It’s impossible to predict how any stock will perform — and IPOs can be particularly volatile.
  3. Founded in 2006 in Israel, eToro now has over 30 million customers worldwide.
  4. After PayPal, Musk decided to shoot for the stars (literally).

First, satellite internet by its nature is easier to expand than cable and fiber internet infrastructure. 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. As of January 2022, It has launched 2,091 satellites including 1,915 currently in orbit. Unfortunately, SpaceX says 40 of the 49 satellites it launched at the end of 2021 were wiped out by a geomagnetic storm.

How to Buy Starlink Stock Before Its IPO

It promises to expand internet services to the far reaches of the globe without requiring Wi-Fi devices, which can bring millions of people online. Even though you can’t invest directly in SpaceX or Starlink quite yet, you can invest in the one https://www.bitcoin-mining.biz/ Elon Musk company that is currently public. Tesla vehicles are fully internet-capable, so it’s not far-fetched to think Teslas may one day be able to use a Starlink connection. Find out how to invest in Tesla stock if you want to go this route.

how to buy starlink stock

This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all available deposit, investment, loan or credit products. But that’s not all.Starlink has also https://www.coinbreakingnews.info/ been hard at work getting regulatory approval to offer broadband services on the move. Imagine having high speed internet access while you’re cruising down the road. They’ve got the green light from regulators, taking it one step closer to reality.

Starlink Company Statistics

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how to buy starlink stock

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At today’s valuation, this investment is likely worth around $1.15 billion. Together, these investments are worth $10.5 billion, or about 7% of SpaceX and Starlink. This was a $900 million investment at a valuation of $12 billion.

Thus, while Starlink has secured some funding, it will need more to survive — and ultimately bring its manufacturing costs down. As mentioned, Starlink isn’t publicly traded yet, and some of these issues could improve before it goes public. That being said, Starlink also needs a license to offer internet services before new customers can sign up.

As a division of SpaceX, the company’s founder is Elon Musk. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services.

If you don’t like the other 99.4% of Google’s business, I wouldn’t recommend buying its shares to gain exposure to Starlink. While this is a sizable stake, Alphabet is a $1.75 trillion company, so its $10.5 billion stake in SpaceX represents about 0.6% of its total business. To solve our own problem, we created a website that helps investors find, learn and compare the different platforms to save and invest online. Founded in 2006 in Israel, eToro now has over 30 million customers worldwide.

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.

Those who sign up are required to make a $500 deposit and pay $2,500 for the antenna and router. Starlink says Premium delivers speeds of between 150 megabits per second and 500 megabits per second. SpaceX uses its Falcon 9 rockets to launch Starlink satellites into space, having launched 49 Starlink satellites in January 2021. It’s best if you deposit money into your account before the Starlink IPO goes live. Sometimes, the date for the IPO is only announced at the very last minute.

Elon Musk’s main criteria is that he wanted Starlink to be profitable with a predictable cash flow. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. Starlink is a promising company with seemingly limitless potential.

In 2019, the first Starlink satellite fleet was launched into orbit. Today, it has a $1.4 billion revenue stream (and growing) and is expected to become profitable this year. Technically, it’s still part of SpaceX and therefore owned by the same investors and owners.

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