Uploaded on Oct 1, 2020
PPT on Elon Musk plans IPO for SpaceX's Starlink business.
Elon Musk plans IPO for SpaceX's Starlink business.
ELON MUSK
PLANS IPO FOR
SPACEX'S
STARLINK
BUSINESS
INTRODUCTION
◦ Tesla Inc Chief Executive Officer Elon Musk
plans to list SpaceX's space internet
venture, Starlink, several years in the
future when revenue growth is smooth and
predictable.
Source: Livemint
ALL ABOUT SPACEX
◦ Space Exploration Technologies Corp., t/a
SpaceX, is an American aerospace
manufacturer and space transportation
services company headquartered in
Hawthorne, California.
◦ It was founded in 2002 by Elon Musk with
the goal of reducing space transportation
costs to enable the colonization of Mars.
Source: Mirror Review
ALL ABOUT STARLINK
◦ Starlink is a satellite internet constellation
being constructed by SpaceX providing
satellite Internet access.
Source: TechCrunch
WHAT STARLINK DO?
◦ The constellation will consist of thousands
of mass-produced small satellites in low
Earth orbit, working in combination with
ground transceivers.
Source: CNet
NEW REVENUE STREAM
◦Musk said last year that Starlink was an
important new revenue stream for his
California-based Space Exploration
Technologies, or SpaceX.
Source: News18.com
BROADBAND INTERNET
◦ SpaceX President Gwynne Shotwell in
February floated the idea of spinning
Starlink off for an IPO in the coming years.
◦ SpaceX is racing to build out its Starlink
satellite constellation to offer broadband
internet commercially by the end of 2020.
Source: Livemint
SMALL RETAIL INVESTORS
◦Musk, in his tweet, also said he is a "huge
fan" of small retail investors and will
ensure they get top priority.
Source: Livemint
CONTROVERSY
◦ Starlink’s enormous constellation of
satellites have proven controversial since
the first set was launched last year.
◦ Some complain they obstruct the night sky
and the European Space Agency said it
had to alter the trajectory of one of its
observation satellites to avoid a collision
with a Starlink satellite.
Source: VCCircle
WHAT TO WATCH FOR?
◦ The race for space has only just begun and
Musk isn’t the only billionaire with his eyes
set skyward.
◦ Jeff Bezos will be overseeing Amazon’s
own constellation of internet-providing
satellites, Project Kuiper, which received
FCC approval this summer.
Source: Business Insider
THANK YOU
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