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Elon Musk announced on Thursday that SpaceX has achieved breakeven cash flow. It is unclear whether the milestone was hit on an operating basis or for a specific time period. SpaceX's valuation is now at around $150 billion. Musk is considering spinning off Starlink and making it public through an initial public offering likely after 2025.* *SpaceX’s valuation has soared to about $150 billion, with Starlink seen as a key economic driver of the company’s goals.

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Anonymous

Curious how this will affect the private equity that the Barron fund owns as well as the large chunk that google owns.

Anonymous

Exactly just wondering i know when something ipo is not good because people will dump how can we evaluate what is a good entrance

Anonymous

Hoover Dam, you are “spot on”. I hope James and team will respond. Ideally, some comments on a Patreon snippet.