Here we are sharing a piece of big news with you the CEO of Tesla Motors and SpaceX founder Elon Musk has refused a report that his rocket firm had been discussing an initial public offering (IPO) for its satellite internet business, Starlink, as soon as 2024. Since the news came on the internet it circulated on social media platforms and uncounted reactions started hitting the headlines. Now many people are super keen to know about the whole information about the news. Here we have more information about the news and we will share it with you in this article.
Reportedly, Musk called the report ‘false’ on the social networking site X, stating SpaceX was moving the unit’s support to a completely owned unit that would eventually be spun off. SpaceX has an evaluated value of $150 billion and was the first private firm to send humans into orbit. Starlink is a satellite internet constellation operated by American aerospace firm SpaceX, providing coverage to more than 60 countries. Its purpose is for global mobile phone service after 2023. You are on the right page for more information about the news so please read the complete article.
As per the report, the Starlink division is the world’s biggest satellite operator. On Thursday, SpaceX got approval for the second launch of its groundbreaking Starship rockets from the FAA. The US Federal Aviation Administration reinstated SpaceX’s Starship launch license, and stated,” SpaceX met all security, environmental, policy and economic accountability requirements”. Starship is the most extensive and strong rocket ever grown- is key to Musk’s ambitions of carrying payloads and individuals to distant destinations like the moon and Mars. This news has been gaining huge attention from the people as they want to know complete information about the news. Scroll down to the next page for more information about the news.
Starship is going to be used for launching the firm’s next-generation Starlink satellites meant to grow the capacity of the internet from space initiative. The support is an important milestone for Space X after the agency grounded the rocket in the wake of its first test flight on 20 April. During that flight, Starship successfully took off from its Texas launchpad but suffered several engine failures as it climbed into the sky. Here we have shared all the information that we had if we get any information then we will update you soon. Stay tuned to us for more updates.