Please consider donating by giving either a one-time contribution or a regular subscription, as outlined in the tip jar below.
Regular readers can support Behind The Black with a contribution via paypal:
If Paypal doesn't work for you, you can support Behind The Black directly by sending your donation by check, payable to Robert Zimmerman, to
Behind The Black
c/o Robert Zimmerman
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
SpaceX President & COO Gwynne Shotwell told a group of investors that the company may spin off its Starlink internet satellite business, possibly as a public company. “Starlink is the right kind of business that we can go ahead and take public,” Shotwell said, according to a report from Bloomberg.
…There’s no time frame yet disclosed for a potential IPO of the Starlink side of SpaceX, and the company did not immediately respond to a request for comment. It’s unlikely the whole company would go public. Elon Musk has said for years that he wouldn’t take SpaceX public until the company has been regularly launching to Mars.
Don’t start counting your chickens. While there might be good reasons for SpaceX to do this, I suspect there are other good reasons for not doing it. They will likely make the decision once the Starlink constellation is operational and they have begun providing service to customers. At that point they will see what the demand will bring, and will have a better idea what’s the best course to take.