SpaceX is discussing an IPO for Starlink as soon as late 2024, Bloomberg’s Edward Ludlow, Gillian Tan, Esteban Duarte, and Ryan Gould report. A source says SpaceX has been moving Starlink’s assets to a wholly owned subsidiary that would ultimately be spun off in the IPO. No final decisions have been made, according to the report. SpaceX’s founder and CEO Elon Musk is also the CEO of Tesla.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TSLA:
- Amazon (NASDAQ:AMZN): E-commerce Giant to Sell Cars; Starts with Hyundai
- F, GM, STLA Slip in Wake of Contract Approval
- ‘FSD Opportunity Is Big,’ Says Goldman Sachs, But Tesla Stock Is Still Not a Buy
- Notable open interest changes for November 16th
- NTSB calls for speed assistance tech in all new cars after Nevada collision