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Thread: Elon Musk says that SpaceX Has no Plans to Spin Off Starlink

  1. #1
    Join Date
    Jul 2003
    Posts
    28,998

    Elon Musk says that SpaceX Has no Plans to Spin Off Starlink

    At the recent Satellite 2020 Conference & Exhibition, Elon Musk declared that Starlink will not become its own company in the foreseeable future.
    The post Elon Musk says that SpaceX Has no Plans to Spin Off Starlink appeared first on Universe Today.


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  2. #2
    Join Date
    Feb 2011
    Posts
    1,506
    Musk says they will spin-off StarLink but only after a few years.

    Also, SpaceX is allowing Washington state first responders to use StarLink...

    WA Emergency Management �� @waEMD
    Sep 28, 2020
    Happy to have the support of @SpaceX’s Starlink internet as emergency responders look to help residents rebuild the town of Malden, WA that was overcome by wildfires earlier this month. #wawildfire
    |
    Elon Musk@elonmusk
    Glad SpaceX could help! We are prioritizing emergency responders & locations with no Internet connectivity at all.
    |
    VM @vm_one1
    Sep 28, 2020
    Replying to @elonmusk @waEMD and @SpaceX
    Can you please go ipo with it and somehow let retail investors in early? Retail always gets the tail end of ipos.
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    Elon Musk @elonmusk
    We will probably IPO Starlink, but only several years in the future when revenue growth is smooth & predictable. Public market does *not* like erratic cash flow haha. I’m a huge fan of small retail investors. Will make sure they get top priority. You can hold me to it.
    |
    Elon Musk @elonmusk
    Sep 28, 2020
    Replying to @waEMD and @SpaceX
    Glad SpaceX could help! We are prioritizing emergency responders & locations with no Internet connectivity at all.
    |
    KHQ Local News @KHQLocalNews
    Elon- Any interest in a quick interview with a local news station about how this technology could be a game-changer after disasters?

    Thread
    https://twitter.com/waEMD/status/1310660332512190464

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