Comment on Elon Musk says retail investors will get ‘top priority’ for Starlink IPO

Elon Musk says retail investors will get ‘top priority’ for Starlink IPO

SpaceX founder Elon Musk confirmed his intent to spin out the company’s internet-from-space arm Starlink — but only “when revenue growth is smooth and predictable.” Musk warned that will still be “several years in the future,” when Starlink’s cash flow becomes more reliable. “Public market does not like erratic cash flow haha,” he tweeted on Monday night.

 

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