HyperChange

Starlink Rumor: $70-80B IPO in 2022

11.04.2021 - By HyperChangePlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Rumor has it Starlink is planning to IPO in about 12 months, for a target valuation of $70-80B. The most recent subscriber update from Elon Musk in late August said Starlink had ~100,000 users ($119M revenue run-rate). My projection is for them to hit 1,000,000 users by the end of 2022, scaling to over a $1B revenue run-rate. Also it looks like Starlink is developing a next generation satellite dish/terminal, that is designed for cheaper shipping, improved performance, and mass production. Would you buy Starlink at $70-$80B when it IPOs?

More episodes from HyperChange