SpaceX plans to spin off its Starlink satellite internet business

SpaceX plans to spin off its Starlink satellite internet business

SpaceX’s Starlink internet business could some day be spun off into a separate company and taken public, Gwynne Shotwell, SpaceX’s COO said at a recent event in Miami. Shotwell did not say when such a move could happen. SpaceX is making an unprecedented push to build a constellation of hundreds of satellites that could provide broadband to customers in coming months.

KCooper
KCooper
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