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Or 6,800 new customer per day or 2.5 m per annum , increasing growth at a dramatic rate or going stratospheric
As a SpaceX investor, I hope so. Creates a tool in the toolbelt that did not exist up to now if non-employee investors have an avenue to liquidation. In my case, it would likely be partial - sell 10% of my SpaceX holdings - but it would be welcome.
I guess I originally missed what was the subject of Elon's Xweet - rumor of another round valued at $200B, $108-$110/share.
Buckminster
Well-Known Member
Would be nice - I'm not sure what the trigger would be to say 'go'. Would it be the ability to create a big bundle of cash (as opposed to Starlink creating consistent, small monthly bundles of cash) to fuel continual development of Starship? A less restricted way to free up access to cash for SpaceX employees than bi-annual private equity sales? Other? All?
Things have changed. Imagine the SEC barring him from being an officer or director of a public company. Also starlink has been so profitable already that I think he simply doesn't need to do the IPO. SpaceX buys back shares when it can.
He'd probably take Tesla private. He got the votes for his compensation, so the majority of shareholders believe in him. If he says he wants to go private, the shareholders would probably back him up. Everyone would retain their shares, but in a private setup, like SpaceX.
If that happens, then the financial shenanigans at Tesla will really get started.
For Starlink, SpaceX could easily spin it off and leave Elon out of official roles, but with him as a significant shareholder. Bill Gates is a "technology advisor" at Microsoft, and Elon could be "meme mentor" to the CEO.
Elon would love the fact that he has no responsibility but lots of influence. It might actually work out to be the perfect way for him to operate in a company; everyone knows he's the boss, but nobody will do anything that he says if it breaks the law, and anything he wants said in the guise of the company would be automatically filtered by whichever employee was tasked with saying it.
Cool. It's a distribution deal. Means more business revenue for Starlink.
A typical corporate business customer will use a single provider like Comcast for all their datacomm links but Comcast has to sub contract links to far flung remote offices since they won’t have fiber there. This allows Comcast to be a one stop communications provider for all a customers needs.
This would also allow Comcast to provide communications to remote international locations too.
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Interesting, in that business customers usually get service level guarantees residential customers don't. For instance, I have FIOS for business currently, and I get bandwidth & upload guarantees that residential doesn't. I also can get a static IP and have no port filtering so can run services, etc... (all no doubt just a QOS profile and ruleset on the router)
I wonder if those options will be available via Comcursed/Starlink?
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