ARK Invest: Starlink Alone Could Support SpaceX IPO at Nearly $2 Trillion Valuation

According to CNBC, on June 4, ARK Invest Chief Futurist Brett Winton stated that SpaceX's Starlink satellite internet business alone could support a valuation near $2 trillion. SpaceX has set IPO pricing at $135 per share with plans to list on Nasdaq on June 12, raising approximately $750 billion through the sale of 555.6 million shares at a pre-IPO valuation of about $1.77 trillion. Winton noted that while investors typically focus on SpaceX's reusable rockets, Starlink is the primary driver of ARK's valuation thesis, currently providing approximately 500 Tbps of bandwidth with annual revenue around $13 billion.
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