Space
SpaceX Rules Out Starlink Public Offering for This Year
- Company says next Starship test hopefully in six weeks
- CFO: Starlink satellite unit became profitable at end of 2023
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SpaceX will not pursue an initial public offering of its Starlink unit this year, according to Bret Johnsen, the company’s chief financial officer.
“It’d be more in the years to come,” Johnsen said Tuesday at an industry conference. The unit became profitable for the first time at the end of last year, he said while declining to provide more details.