Pre-IPO Starlink
In the near future, experts predict the IPO of Starlink, a satellite communications system that includes more than 2,000 satellites in orbit with an expected Internet traffic capacity of up to 23 Tbps. According to May 2022, the number of Starlink users has already reached 500,000 in 40 countries.
About Starlink
Starlink is a global satellite system owned by Elon Musk's space company SpaceX. The goal of the project is to provide the population of the planet with high-speed broadband Internet anywhere in the world, especially in hard-to-reach regions. Compared to competitors, Starlink satellites are located 60 times closer to the earth's surface, which allows to reduce the delay in data transmission and provide services that are not available on traditional satellite Internet.
Starlink began testing the satellite system in 2020. The equipment check lasted until October 2021, and in April 2022 there were already 29 countries using Starlink satellite Internet. By September 2022, the number of active Starlink subscribers reached 1 million.
For the full implementation of a large-scale and ambitious project, according to SpaceX representatives, it will take at least $10 billion, but the potential profit is estimated at $30 billion.
To participate in Starlink pre-IPO, you need Mind-Money.eu account. If you don't have it, open it now.
Starlink began testing the satellite system in 2020. The equipment check lasted until October 2021, and in April 2022 there were already 29 countries using Starlink satellite Internet. By September 2022, the number of active Starlink subscribers reached 1 million.
For the full implementation of a large-scale and ambitious project, according to SpaceX representatives, it will take at least $10 billion, but the potential profit is estimated at $30 billion.
To participate in Starlink pre-IPO, you need Mind-Money.eu account. If you don't have it, open it now.
Starlink company profile and financial performance before IPO
Analysts consider Starlink as one of the most valuable parts of SpaceX, which is in the world's top 5 aerospace and defense companies. In 2022 Starlink gained revenue $980 million.
According to SpaceX CEO Elon Musk, the spin-off of the satellite Internet provider into a separate company and its listing on a public exchange will be possible in 2024-2025, when Starlink's revenues become more predictable. At the same time, according to Reuters, the valuation of the parent company, space startup SpaceX, continues to grow and in 2022 exceeded $125 million.
According to SpaceX CEO Elon Musk, the spin-off of the satellite Internet provider into a separate company and its listing on a public exchange will be possible in 2024-2025, when Starlink's revenues become more predictable. At the same time, according to Reuters, the valuation of the parent company, space startup SpaceX, continues to grow and in 2022 exceeded $125 million.
Starlink IPO date
The IPO of Starlink is expected in 2024-2025. Applications for the Starlink IPO will begin to be accepted once the company files an S-1 public filing with the SEC and Mind-Money.eu management confirms that it will be available to our clients. Public trading in Starlink shares will begin the day after the IPO.
Starlink IPO price range
The price range for the Starlink IPO is not yet known and will be set by underwriters shortly before the planned IPO.
Detailed instructions for participating in Starlink Pre-IPO
2. Refill your account balance.
To participate in Starlink Pre-IPO, your account must have free funds in the amount you are applying for, but not less than $10,000.
3. Submit an application for participation in Starlink Pre-IPO.
When applications are open, select Starlink Pre-IPO on the site and click the “Apply for Starlink Pre-IPO” button. This can also be done through the “Requests and Wishes” form in your personal account. Enter the amount you would like to invest in Starlink Pre-IPO and submit your application.
4. Wait for the manager's call.
Since the investment in Starlink pre-IPO is an off-exchange transaction, the investment consultant Mind-Money.eu need to organize your participation in it. Manager will contact you to clarify the details and confirm your intention to invest in this pre-IPO.
5. Wait for the freezing of the specified amount.
After the deadline for accepting applications for Starlink Pre-IPO, the specified amount will be blocked. But you will see it in your portfolio on a non-trading account.
6. Wait for the securities delivery to your account.
Within 3 business days, Starlink ordinary shares purchased during the Pre-IPO will appear on your account. You will be able to exit the trade early at the current price with a 15% commission.
7. Close the deal.
The acquired shares of Starlink can be sold independently on the secondary market if the company enters an IPO, or to another investor with the help of an investment consultant Mind-Money.eu