Sapcex is planning a IPO this summer. Anyone planning on getting in?
I thinks there is huge potential here. The barriers to entry the space race are very high. I suspect that the number of satelites will absolutely explode over the next decade.
I recently got spacex’s starlink internet. This service is lightening fast for the rural users like myself.
There are about 27,000 objects in orbit being tracked. About 17,000 of those are basically space junk. Of the 10,000 active objects, about 6,500 are Starlink satellites. Another 1,000 or so will be put in orbit this year.
A lot of folks here are beginning to use Starlink because they live where cable and cell phones don’t. I know they have begun to integrate phone service into Starlink. If that can be widely done at a cell comparable price, spacex is going to be very busy.