SpaceX's Starlink business alone can justify the valuation, says Ark Invest's Brett Winton
3 Articles
3 Articles
SpaceX's Starlink business alone can justify the valuation, says Ark Invest's Brett Winton
Brett Winton, Ark Investment Management chief futurist, joins 'Squawk Box' to discuss the upcoming SpaceX IPO, the company's Startlink business, impact of the Blue Origin's rocket explosion, and more.
According to ChainCatcher, citing CNBC, Brett Winton, chief futurist at ARK Invest, stated that SpaceX's upcoming IPO could be one of the most significant stock offerings in history, with its satellite internet business, Starlink, alone supporting a valuation of nearly $2 trillion. SpaceX has set its IPO price at $135 per share and plans to list on Nasdaq on June 12th, with a pre-IPO valuation of approximately $1.77 trillion. The company plans t…
Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO
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