Spacex starlink breaks even and the idea of going IPO
Sales for Starlink are on a trajectory to overtake the launch business soon, which means more and more regions will have access to SpaceX’s internet services. Think about it: a service that started off with test satellites is now on the verge of being the main moneymaker for one of the most talked-about companies in the world. And while SpaceX keeps a tight lid on their financials, we've gotten a peek behind the curtain. A valuation of $150 billion was pinned on the company after a recent tender offer. Those numbers aren't just stratospheric; they're astronomical. This valuation reflects not only the commercial success of their launches but also the potential of their satellite-driven internet business.