[1st-mile-nm] SpaceX Internet

Owen Densmore owen at backspaces.net
Fri Feb 7 09:38:38 PST 2020


>From the TL;DR newsletter:

SpaceX may spin out internet-from-space business and make it public (2
minute read)
<https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.theverge.com%2F2020%2F2%2F6%2F21126540%2Fspacex-starlink-internet-space-mega-constellation-ipo-spinoff-gwynne-shotwell/1/010001701f525ced-39f5340f-13e4-44b7-84a1-2f5e1e0c9756-000000/lrU1Kik3u5sJs9J6NkMyJZJweDwiO0BdU84QiWxUQWQ=127>

The president of SpaceX's Starlink business has said that the company is
considering going public as it is ripe to do so. Starlink has already
launched 240 satellites and plans to launch up to another 1,440 satellites
this year. These satellites are designed to beam down broadband internet
coverage all over the world. Elon Musk is known for hating publicly traded
companies and has said in the past that SpaceX won't be going public until
its Mars vehicle is complete. SpaceX has recently been valued at around
$33.3 billion. The revenue from Starlink will help fund SpaceX's plans to
send people to the Moon and Mars. Those in the astronomy community have
criticized broadband satellite projects as the resulting constellation
could obstruct their observations of the night sky.
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