New York (The Verge) — SpaceX may spin out internet-from-space business and make it public trib.al/3eDUVt7.
SpaceX may spin off its massive internet-from-space initiative called Starlink into a separate business and take the company public, according to SpaceX president Gwynne Shotwell.
Starlink is an ambitious proposal: a constellation of nearly 12,000 satellites designed to beam down broadband internet coverage to every part of the globe. So far, SpaceX has launched 240 satellites for Starlink, making the company the operator of the largest active satellite constellation in the world. The company has plans to launch up to 24 missions this year, sending up 60 satellites per flight. Shotwell claimed last year that the company would start rolling out partial coverage with the constellation in 2020. — Loren Grush/@verge