The rocket company is working on a launch vehicle to propel humans to the red planet. FMTNews Musk
Musk estimates the annual revenue opportunity related to Starlink at about US$30 bil.
“If we don’t improve our pace of progress, I’m definitely going to be dead before we go to Mars,” Musk said at the Satellite 2020 conference in Washington. The 48-year-old chief executive officer of both Tesla Inc and Space Exploration Technologies Corp downplayed the level of attention the latter company is paying to a potential initial public offering for Starlink, the satellite business within SpaceX.
“We’re thinking about that zero,” Musk said of a Starlink IPO, contradicting comments his president and chief operating officer made last month.Gwynne Shotwell, SpaceX’s COO, said at a private investor event last month in Miami that Starlink was likely to be spun out and taken public, without giving a time frame.
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