Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO

Brett Winton said SpaceX's Starlink satellite broadband network is the primary driver of ARK's valuation thesis.
Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO

Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO SpaceX’s impending IPO is projected to be a monumental event, with ARK Invest’s chief futurist Brett Winton suggesting its Starlink satellite internet business alone could justify a valuation near $2 trillion. The company has set an IPO price of $135 per share, valuing SpaceX at approximately $1.77 trillion ahead of its Nasdaq debut. Winton highlights Starlink’s current bandwidth and revenue, with the upcoming Starship rocket expected to significantly boost growth by reducing launch costs and enabling faster satellite deployment.

  • SpaceX’s IPO is anticipated to be one of the largest in history.
  • ARK Invest’s Brett Winton believes SpaceX’s Starlink business alone supports a valuation close to $2 trillion.
  • The IPO price is set at $135 per share, valuing SpaceX at approximately $1.77 trillion.
  • SpaceX plans to raise $75 billion through the sale of 555.6 million shares.
  • Winton connects SpaceX’s growth prospects to the expansion of artificial intelligence.
  • ARK Invest’s Venture Fund holds private shares of SpaceX as its largest holding.
  • Starlink currently operates a constellation with 500 terabits per second of bandwidth and generates about $13 billion annually.
  • The Starship rocket is expected to reduce launch costs and accelerate Starlink’s growth.
Write a comment