According to Palihapitiya on his podcast All-In, the Starlink IPO may take place in 2023, a year earlier than anticipated.
The remarks were made on the All-In podcast, in which investors Jason Calacanis and David Sacks, as well as investor Chamath Palihapitiya, known for his blank check investments, forecasted trends and events that will take place in Silicon Valley in 2023.
source: wikipideaPalihapitiya stated, He discussed this on our podcast, about the challenges and risks of margin loans and all of that stuff. He’s going to give himself some breathing room. For him, doing things in this manner is the easiest and most apparent option. He will have a tonne more dry powder as a result.Palihapitiya isn’t known to be especially close to Elon Musk, but his two co-hosts are, according to a Bloomberg story. David Sacks and Jason Calacanis both participated in Elon Musk’s acquisition of Twitter last year.Top SpaceX officials had predicted earlier in 2020 that the Starlink project will eventually split off from SpaceX and become public.According to SpaceX CEO Gwynne Shotwell, Starlink is the proper type of firm that we can go ahead and take public as of February 2022. However, Elon Musk quickly responded to the SpaceX president’s remarks, saying that they need to make the thing function before going public.In order to deliver broadband internet access, SpaceX’s Starlink mission involves launching hundreds of satellites into low Earth orbits. In support of its Starlink project, SpaceX has already launched more than 3,300 satellites into space.Share your thoughts with us in the comments
According to a prominent Silicon Valley investor, Elon Musk’s Starlink might go public in 2023.
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