John Raoux / AP Images
- SpaceX could spin off Starlink via an IPO next year, a Bloomberg report said Wednesday.
- No final decision has been made yet, per the report, and any listing could also be pushed to 2025.
- SpaceX estimated that Starlink could see as much as $10 billion in business in 2024.
SpaceX could move to spin off its internet satellite business Starlink via an initial public offering as soon as late next year, sources told Bloomberg.
Elon Musk's space company has been transferring Starlink assets to a wholly owned subsidiary, the report said, although no final decisions have been made and an IPO could also be pushed later to 2025.
SpaceX didn't immediately respond to a Business Insider request for comment.