Starlink is a satellite internet constellation operated by SpaceX to provide satellite Internet access coverage to most of the Earth. As of November 2022, over 3,000 Starlink satellites have been launched. However, Starlink is still a private company owned by SpaceX and there is no direct way for public investors to invest in Starlink at this time. SpaceX has kept Starlink private to retain flexibility over its strategic direction. But there are a few options investors could consider to gain exposure to Starlink and the satellite internet theme.
Invest in SpaceX through secondary markets when opportunities arise
As Starlink’s parent company, investing in SpaceX stock could give exposure to Starlink’s growth. However, SpaceX remains a private company and does not publicly list shares. Some private secondary marketplaces occasionally offer SpaceX shares from early investors looking to sell portions of their stake. These opportunities tend to be limited and expensive, but may allow accredited investors to gain some exposure.
Consider public companies involved in satellite communications
While not direct plays on Starlink, there are some public companies focused on satellite communications that could benefit from growing interest in the theme. These include ViaSat, EchoStar, Iridium Communications, Globalstar, AST SpaceMobile, and Lynk Global. Investors could research these companies to assess if their business models may align with the expanding satellite internet opportunity.
Keep an eye out for a potential Starlink or SpaceX IPO
There is ongoing speculation that SpaceX and Starlink may one day go public through an IPO, which would allow public market investors an opportunity to invest. However, the company has not officially announced any plans to go public yet. Founder Elon Musk suggested 2025 as a possible timeline for an IPO depending on market conditions and progress with SpaceX’s Starship program.
Consider exchange-traded space industry funds
There are a few thematic exchange-traded funds focused on investing in the growing space industry. Examples include the Procure Space ETF (UFO), the SPDR S&P Kensho Final Frontiers ETF (ROKT), and the Invesco PHLX SOX Semiconductor ETF (SOXX). These provide diversified exposure to space companies, including some satellite communications stocks.
In summary, Starlink continues to remain a private company under SpaceX, so direct investment is limited. But secondary market opportunities, related public companies in satellite communications, and space industry ETFs can provide some exposure to invest in the theme surrounding Starlink and satellite internet now as an investor.