Elon Musk doubles down on promise to IPO Starlink

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

According to news reports, Elon Musk’s SpaceX is now worth $74 billion. 

That number is based on the company’s implied valuation after having recently raised $850 million in new capital from private stock sales. How much the company is really worth, though — or at least, how much its famous Starlink broadband satellite internet subsidiary is worth — won’t be known until the company IPOs Starlink.

But that could happen sooner than you think.

Musk doubles down

SpaceX COO Gwynne Shotwell has been dropping heavy hints about SpaceX’s desire to conduct an initial public offering for Starlink for more than a year now. Her…