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Billionaire Investor Ron Baron Predicts SpaceX's Starlink to Go Public in 2027, Valued at $250-300 Billion

Starlink, SpaceX's satellite internet service, is expected to make up 40% of the company's revenue in 2023, with the service already achieving break-even cash flow and reaching $1.4 billion in revenue.

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Overview

  • Billionaire investor Ron Baron predicts that SpaceX's Starlink will go public in 2027, with a valuation of $250-300 billion.
  • Starlink, SpaceX's satellite internet service, is expected to make up 40% of the company's revenue in 2023, reaching $1.4 billion.
  • SpaceX's Starlink has already achieved break-even cash flow, according to CEO Elon Musk.
  • SpaceX's current valuation is around $150 billion, making it one of the most valuable private companies in the world.
  • Baron Capital, Ron Baron's company, holds a stake in SpaceX worth $1.7 billion.