Wish You Could Invest in Elon Musk’s StarLink? Here’s 1 Way to Invest in Space Internet Now The Motley Fool

how to buy starlink stock

The pro here is that you can trade these shares freely on the stock market. But remember, your investment is largely tied to the primary business of those companies, not just their stake in SpaceX. Starlink is a division of SpaceX that is developing satellite internet technology.

We’ll take a peek at how Starlink is doing so far and whether you might consider investing money in the SpaceX division if it eventually goes public. Some, like the ARK Space Exploration ETF (ARKX), have exposure to SpaceX due to their investments in related sectors. While you’re not directly investing in SpaceX, you’re riding the broader space industry wave. You’re also exposed to the performance of other companies in the fund, who might struggle to bring in returns. It’s risky, and there are often minimum investment amounts.

how to buy starlink stock

Simply put, the idea of having satellites beaming down internet signals is a novelty and makes people excited. If you are one of those investors, you may be wondering how you can buy Starlink stock. You can’t invest directly in Starlink just yet, but you may be able to invest indirectly in other ways.

You can’t invest in Starlink just yet, but there are a few reasons the broadband provider might be an investment to consider in the future. The addressable market and valuation figures for Starlink are only projections at this point, but there are some things we do know that bode well for the company. The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such.

How Does Starlink Make Money?

To invest in Starlink you would need to buy stocks in SpaceX (since Starlink is a service provided by SpaceX). When it does go public, you’ll need a brokerage account to buy shares. Andreessen Horowitz (a16z) is a venture capital firm that has been a primary investor in SpaceX in multiple funding rounds.

  1. If you don’t have a brokerage account, we recommend Public.
  2. But it’s important to remember that investing in Starlink means investing in SpaceX, a privately-owned company.
  3. Starlink is not publicly traded, so you won’t find a Starlink stock symbol or Starlink stock price chart out there.
  4. SpaceX’s value was $100 billion in October 2021 after a secondary share sale, and it had raised $1.16 billion in equity financing in April.

After graduating with two degrees, he co-founded Zip2, which was sold to Compaq for a cool $300 million. From there he went on to co-found PayPal, which was later sold to eBay for a whopping $1.5 billion. Sure, they’ve faced some financial challenges along the way, but that hasn’t stopped them. They’ve soldiered on, keeping their satellite network up and running, even if it meant operating at a loss.

Accredited investors can look out for it on Equitybee, and retail investors can explore some of the ideas discussed in this article or wait for the IPO. He has worked for financial advisors, institutional investors, and a publicly-traded fintech company. https://www.bitcoin-mining.biz/ Lincoln holds degrees in Finance, Economics, and Accounting. Hopefully, Starlink will go public sometime in the next few years, but nothing is for certain yet. For now, you may consider investing in a related company or exploring pre-IPO offerings.

Plus you’re not the only investor who wants a piece of Starlink so finding shares in the company won’t be easy. On top of that, shares in a private company can be illiquid, meaning you can’t sell them as easily as public stock. We’ll dive into all the key areas, such as the company statistics, revenue, competitors, and everything you need to know about the Starlink IPO (initial public offering). It isn’t currently possible to buy Starlink shares on the stock market. That won’t be possible until when (and if) the company ultimately goes public. For now, there are some options you may consider if you want to know how to invest in SpaceX or in Starlink.

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Please note the team at Ticker Nerd put a lot of effort into personally using and testing the services we review. We may earn an affiliate commission if you buy a product or service through a link on this page, at no additional cost to you. SpaceX (the parent company of Starlink) was valued at $137 billion in early 2023. Elon Musk said he wanted to make sure Starlink’s revenue stream was “reasonably predictable” before considering taking it public. Well, with annual revenues reportedly hitting $2 billion for 2022 and 2023 looking to be even bigger, it seems we may have reached that point​​. After PayPal, Musk decided to shoot for the stars (literally).

how to buy starlink stock

Currently, the best information we have is based on projections and estimates. We do know that SpaceX has secured some funding specific to broadband access, such as $885 million in broadband subsidies from the Federal Communications https://www.cryptonews.wiki/ Commission. The acronym stands for ‘Initial Public Offering’, it’s a process used by large private companies to raise additional capital. This is done to further invest in the growth of the business or even pay off debt.

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There isn’t a Starlink stock symbol, because the company is currently private. EToro is one of the world’s most popular investing platforms with over 28.5 million users. From an investment perspective, the coolest thing about Starlink isn’t necessarily what the company does — but who’s behind it. Another reason to like Starlink is its pairing with SpaceX. Having its own rockets has allowed the company to launch about 2,000 satellites since May 2019, or more than 600 per year.

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Since Starlink is a private company, retail investors cannot buy stock shares. However, accredited investors occasionally can gain access to private companies like Starlink through platforms like Equitybee. Using a constellation of satellites that use a low earth orbit path with entire global coverage will reduce latency and provide reliable internet access regardless of location. Starlink is still a private company and not yet publicly traded, so we can’t yet value it based on its market cap on a stock exchange.

Having more satellites in the sky may enable consistently faster speeds and fewer interruptions. Hence, Starlink could be a boon to rural areas and other places where internet service is sparse. It also may be more resilient during severe weather and natural disasters because there are no towers or physical lines that can be wiped out on the ground. As a well-known force in the developing space industry, SpaceX has received a lot of attention with its eye-catching launches.

The basic idea is the ability to provide high-speed internet access around the world using satellites. SpaceX is using its engineering expertise to create the world’s most advanced broadband system with thousands of satellites orbiting the Earth. If you’re a retail investor, you can’t buy shares of Starlink stock — it’s not a public company.

He founded SpaceX in 2002, putting $100 million of his own money into the venture. Fast forward to today, and SpaceX is launching rockets, ferrying astronauts to the International Space Station, and even working to get humans back on the moon. Born and raised in South Africa, Elon moved to the U.S. to attend the University of Pennsylvania.

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