What Is VLEO Stock Price Jeff Bezos Is Investing In? (2024)

Wondering what Jeff Bezos VLEO stock price is and how to invest?

Lou Basenese, an investment guru who runs Trend Trader Daily, did a presentation about a new investment that Jeff Bezos is apparently getting into called “VLEO.” It’s led to a surge in people looking for the Bezos VLEO stock price.

The VLEO pitch centers on how Amazon founder Jeff Bezos is selling part of his Amazon stock and using that money for a groundbreaking new project.

According to the Lou Basenese, this is the perfect time to get into this new project from an investment point of view and if you want to learn more about it, keep reading this review.

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Jeff Bezos VLEO Stock Price Review

Table of Contents

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Introduction to Jeff Bezos VLEO Stock

Lou Basenese says that Jeff Bezos has been selling his Amazon shares through his investment firm, Bezos Expeditions, to invest in his next big project called “VLEO.” He says that Bezos has been selling $1 billion in Amazon stock every year.

He says that you can invest along with Mr. Bezos to have the chance of earning life-changing gains or boosting your net worth.

What Is VLEO Stock Price Jeff Bezos Is Investing In? (2)

Lou tells us that this new project will be bigger than Amazon’s introduction of “1-click” shopping, Amazon Web Services, and any other project Bezos has ever been involved in.

So, what is VLEO all about?

First, VLEO is an acronym for Very Low Earth Orbit and the project is a radical new version of the internet (called satellite internet) that uses a constellation of Low Earth Orbit satellites to provide low-latency internet access from space.

What Is VLEO Stock Price Jeff Bezos Is Investing In? (3)

It is considered the future of internet because it provides access to the internet even in remote places (like the middle of the ocean where there are no cell towers) and to underserved communities.

Satellite internet is widely seen as superior and cheaper than broadband internet. It is also cheaper to deploy to underserved clients because it is cheaper to launch those satellites than it is to dig holes and run fiber optic cables.

What Is VLEO Stock Price Jeff Bezos Is Investing In? (4)

Amazon launched a satellite internet project called “Project Kuiper.” Lou calls it the “Everywhere Internet.”

Jeff Bezos’ goal is to launch internet-beaming satellites into space. He is not alone in doing this because there is Starlink, which is offered by Elon Musk’s SpaceX and another company called OneWeb that’s also launching its constellation of Low Earth Orbiting Satellites.

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How to Invest in Jeff Bezos VLEO Stock

Lou Basenese says that we should start considering investing in the project because Amazon will be launching its project any time now.

This is not new because we have seen other newsletter gurus talk about investing in similar projects before. I’ve covered presentations like “Apple’s Greatest Breakthrough Yet” and “The Elon Musk Hypernet” by Ray Blanco where he told his audience that Tesla and Apple are two companies that are working on satellite internet projects.

Circling back to Lou Basenese’s pitch, he says that Amazon is in a hurry to get the project going because when the FCC approved their project, they set strict timelines that Amazon would have to adhere to.

Basenese says that Federal Communications Commission (FCC) included a clause that would void the project’s approval if Project Kuiper fails to have 50% of its satellites in orbit by the end of July 2026 and if Project Kuiper fails to have all its 3,236 satellites in orbit by 2029.

What Is VLEO Stock Price Jeff Bezos Is Investing In? (5)

Although he doesn’t know when Amazon will launch those satellites, he speculates that with those time limits, they better start getting started in 2022.

He says that they’ve already started showing signs of starting the project. For example, in April, 2021, Amazon bought and paid for nine rocket launches and in June the same year, it announced that it would hire more employees to work at Redmond, Washington where Project Kuiper is based.

Amazon is also expanding its lab space with a new 22,000 square foot unit.

What Is VLEO Stock Price Jeff Bezos Is Investing In? (6)

Lou sees these as signs that Jeff Bezos’ Amazon may be launching its constellation of internet-beaming satellites any time now.

And he sees this as an indication that investors better start finding ways of getting in on the action before it is too late and the project kicks off.

However, he says that there is a “fatal flaw” that Project Kuiper has to solve before it goes ahead. He says that they don’t have the antenna technology for home terminals and they’ll need them for devices to connect with the satellites.

Therefore, instead of investing in Amazon directly, he claims to have found a “secret backdoor” that he thinks will give you up to 75X returns on your money.

It involves a small $15 per share (as he was pitching) company that may fix the fatal flaw; it makes antennas like the ones Amazon lacks.

This tiny company has demonstrated that its receiver can work with satellite internet. It was even installed on a plane and it worked seamlessly throughout the flight.

Lou Basenese speculates that the company may be acquired by Amazon so that its antennas can be used in Project Kuiper. And with a valuation of just $600 million, he sees this as a feasible plan based on Amazon’s business model.

Although he cannot verify this, he says that talks may have began because key players at Project Kuiper, the Director of Aerospace and Satellite Solutions at Amazon Web Services, and the CTO of the tiny $15 firm recently attended a conference together.

Lou Basenese provides all the details regarding the stock in a special report he wrote called The Secret $15 Company Behind Elon Musk and Jeff Bezos’ Race to Own the Internet.

He argues that the company is likely to do well because even if Jeff Bezos fails to acquire it, SpaceX or OneWeb may swoop in.

To get the special report for free, you have to sign up for Lou Basenese’s Digital Fortunes newsletter.

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Who is Lou Basenese?

The Jeff Bezos VLEO pitch was brought to you by Lou Basenese.He is known by his colleagues as the billion-dollar man perhaps because he talks about such massive projects that he feels are likely to make him money.

You might have seen him on Fox Business or CNBC where he has appeared in countless interviews and to commentate on the state of the financial landscape.

Lou Basenese offers investment advice and shares his insights on the capital markets, focusing on the tech and biotech sectors. As an expert in the financial markets, he has successfully forecasted major tech innovations before anyone else.

For example, some of his earlier projections like Energous Corp. options, Pulse Biosciences, and Tesla have offered 749%, 259%, and 972% gains so far. Of late, Lou Basenese has been talking about two new projects (backed by Jeff Bezos) that he thinks are worth consideration.

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How Does Lou Basenese’s Digital Fortunes Work?

Lou Basenese’s Digital Fortunes is an investment research service by Lou where he regularly recommends stocks involved in big, explosive trends. He evaluates market data to find the best investments.

Other benefits include…

  • At least 12 unique trend-tracking investment recommendations over the next year based on Lou’s research.
  • 30-day 100% money back guarantee

When you sign up for it, you will receive a couple of special reports.

The first one isThe Secret $15 Company Behind Elon Musk and Jeff Bezos’ Race to Own the Internet(mentioned earlier) that covers.

  • How the small company’s receiver technology works
  • Why you need to act now before any potential takeover takes place
  • The name and ticker symbol of this tiny $15 company
  • Complete guidance on investment allocation, showing you exactly how much to buy, and for how much

There are two other special reports you get as a member of Lou Basenese’s Digital Fortunes.

The One Space Move To Own EVERYTHING!

It covers a single move you can make in the markets that counts as the closest thing to a pure-play investment in the space race. When you invest, you are not risking your investment on any single company.

Details regarding this play, including the recommended allocation, ticker symbol, and name of the investment.

You will get it for free when you opt for Lou Basenese’s Digital Fortunes.

My #1 Way to Play the Regenerative Medicine Boom

It concerns a company that makes products that combat the effects of aging on the human body.

The report has details on when to buy it, when to sell it, and how much you can expect to make in potential profits.

Lou Basenese’s Digital Fortunes Fee and Refund Policy

A one-year membership costs $99 or $149 depending on the offer you choose on the order page.

It has a 30-day 100% money back guarantee

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Is Jeff Bezos VLEO Legit?

Jeff Bezos VLEO is a legit presentation.

The focus of Lou Basenese’s pitch is on a project by Amazon to put internet satellites in orbit to provide internet access to people even in remote places. It is dubbed Project Kuiper and it is real.

Jeff Bezos’ fascination with space is well documented. He’s even been to space himself for a few minutes and has been investing in his rocket company, Blue Origin.

He is also known to invest in promising companies. For example, he’s even invested in biotech companies like Juno Therapeutics and Sana Biotechnology.

Often seen to be in competition with Elon Musk (who’s also launching rockets to space and internet satellites into orbit), it makes sense that Lou Basenese wants you to consider investing in a company that is working with Amazon to provide internet.

However, his recommended company may not do well because the market and the technology sector are unpredictable, and you can see this in other analysts’ quotes. Delayed expeditions are a factor here too.

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Jeff Bezos VLEO Verdict

Lou Basenese considers himself an expert in the tech sector, having previously predicted how things will happen in the sector and seeing them happen. Of course, not all investments have worked out but enough have and he considers himself an authoritative source.

This time, Lou Basenese is focusing on the satellite internet trend. He eyes certain investments and we should not forget that they are not completely risk-free as every investment carries its own risks. That’s why Lou Basenese has mentioned that you should never invest more than you afford to lose in any case.

Well, many details about these projects may not be available yet because they are not yet operational and Lou is merely speculating. Bear that in mind when you consider following his advice.

Before you leave

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It’s helped me earn over $300,000 in the last 12 months alone:

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What Is VLEO Stock Price Jeff Bezos Is Investing In? (2024)


What company is involved with VLEO? ›

Earth Observant is developing a VLEO Earth-imaging satellite with a 2020 U.S. Air Force Small Business Innovation Research contract.

What is Bezos investing his money in? ›

Each of his 2022 investments speaks to the bright financial future for digital technology, investment services, and environmentalism. “Since its establishment in 2005, Bezos Expeditions has invested in 96 companies while exiting 17 investments,” says Yahoo Finance.

What company is Bezos buying? ›

Apparently, he invests it in an electric vehicle (EV) venture. Bezos has invested $1.7 billion in electronic vehicle company Rivian. It is his seventh billion-dollar deal.

What will Amazon stock be worth in 10 years? ›

Amazon Stock Market Predictions

Based on long term forecasts, the price of Amazon will hit $3,360 by the end of 2022 then $3,650 in 2023. Amazon stock will continue to rise to $4,300 in 2025, $6,000 in 2027 and $7,500 in 2030.

Is VLEO stock a good buy? ›

Valero Energy's analyst rating consensus is a 'Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.

What does VLEO stand for? ›

Very low Earth orbits (VLEO), typically classified as orbits below approximately 450 km in altitude, have the potential to provide significant benefits to spacecraft over those that operate in higher altitude orbits.

What stocks has Jeff Bezos bought? ›

Keep reading to see what other surprising companies the famous billionaire is investing in.
  • EverFi. In April 2017, Bezos invested $190 million from his personal cash flow during a Series D funding round for EverFi. ...
  • General Assembly. ...
  • MakerBot. ...
  • NextDoor. ...
  • Plenty. ...
  • Airbnb. ...
  • Grail. ...
  • Juno Therapeutics.

What is Bill Gates investing in? ›

The turnover rate is 53%. In Bill Gates's current portfolio as of 2022-09-30, the top 5 holdings are Microsoft Corp (MSFT), Berkshire Hathaway Inc (BRK. B), Canadian National Railway Co (CNI), Waste Management Inc (WM), Deere & Co (DE), not including call and put options.

Can you buy Blue Origin stock? ›

Blue Origin stock is not currently available for purchase on the stock market. The company has not announced any plans to go public, and has not released a great deal of financial information. If they decide to go public in the future, the Blue Origin stock symbol and price will be announced in the IPO filings.

Who owns largest Amazon stock? ›

Amazon.com Inc (NASDAQ:AMZN)

Institutional investors hold a majority ownership of AMZN through the 59.72% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Internet Retail industry.

What stocks does Bill Gates own? ›

Bill Gates Portfolio Stock List: Top Stocks
  • Weber Inc. (NYSE:WEBR)
  • Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)
  • Vroom, Inc. (NASDAQ:VRM)
  • Schrödinger, Inc. (NASDAQ:SDGR)
  • Waste Connections, Inc. (NYSE:WCN)
  • Coupang, Inc. (NYSE:CPNG)
  • Madison Square Garden Sports Corp. (NYSE:MSGS)
  • The Kraft Heinz Company (NASDAQ:KHC)
1 Dec 2022

What stocks does Warren Buffett own? ›

Top stocks that Warren Buffett owns by size
Chevron (NYSE:CVX)165,359,318$29.9 billion
Coca-Cola (NYSE:KO)400,000,000$25.2 billion
American Express (NYSE:AXP)151,610,700$23.1 billion
Occidental Petroleum (NYSE:OXY)194,351,650$13.3 billion
6 more rows

What is the best stock to hold for next 10 years? ›

Reliance Industries Limited is an India-based company, which operates in the Oil to Chemicals (02C), Oil and Gas, Retail, Digital Services, and Financial Services segments and is one of the best shares to buy for long term.

What is the best stock to buy right now? ›

Top 10 Stocks To Buy Right Now
  • ServiceNow, Inc. (NYSE: NOW)
  • Alphabet Inc. (NASDAQ: GOOG)
  • Amazon.com, Inc. (NASDAQ: AMZN)
  • The Walt Disney Company (NYSE: DIS)
  • Palo Alto Networks, Inc. (NASDAQ: PANW)
  • The Boeing Company (NYSE: BA)
  • Prologis, Inc. (NYSE: PLD)
  • Johnson & Johnson (NYSE: JNJ)
1 Dec 2022

Will Amazon stock reach $2,000 again? ›

The current Amazon stock forecast suggests this tech giant's fair value will reach $2,000 per share by 2030.

Does VLEO pay a dividend? ›

2.82% forward dividend yield. Top 50%.

What is Lou basenese VLEO stock? ›

Lou Basenese is touting VLEO about a $15 stock that is a critical supplier to Elon Musk and his Starlink project. This company makes the receiver equipment for homes, offices, planes, boats, etc. needed by Starlink.

Why is Valeo share falling? ›

Valeo's powertrain division underperformed due to a slowdown in China truck business, Jefferies analysts said in a note.

Where can you buy VLEO? ›

Buy VELO Token with Coinbase Wallet

VELO Token can be traded using Coinbase Wallet, your key to the world of crypto.

What kind of stock is Velo? ›

It was formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
About Velocity Acquisition Corp (VELO)
Market Cap$288.51M
Price to Earnings Ratio31.08
Dividend Rate
5 more rows

What does velocity acquisition do? ›

Velocity Acquisition Corp. operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.

What biotech company did Bezos invest in? ›

Citing people people "briefed by the company," MIT Tech Review reported Altos Labs said Bezos was among its investors.

What two companies does Bezos own? ›

Bezos has donated more than $400 million worth of stock to nonprofits in 2022, though it's unclear which organizations received those shares. Bezos owns The Washington Post and Blue Origin, an aerospace company developing rockets; he briefly flew to space in one in July 2021.

What is good to invest in 2022? ›

What are the best types of investments of 2022?
  • High-Yield Savings Accounts.
  • Short-Term Certificates of Deposits.
  • Short-Term Government Bonds Funds.
  • S&P 500 Index Funds.
  • Dividend Stock Funds.
  • Real Estate & REITS.
  • Cryptocurrency.
17 Nov 2022

Which US stocks to buy in 2022? ›

Top 10 Stocks To Consider in 2022
StockPriceMarket Cap
Devon Energy Corp. (DVN)$65.12$43.128 billion
Marathon Oil Corp. (MRO)$25.76$17.455 billion
Qualcomm Inc. (QCOM)$124.77$143.104 billion
Berkshire Hathaway Inc. (BRK-A)$419,869$608.826 billion
6 more rows
22 Sept 2022

Did Bill Gate invest in Apple? ›

On August 6, 1997, Microsoft's Bill Gate invested $150 million in Apple which was in the brink of bankruptcy. Following the deal, Steve Jobs told Gates, “Bill, thank you.

What is the stock symbol for Blue Origin? ›

Blue Origin (BORGN) Stock Price Today, Quote & News | Seeking Alpha.

How do I invest in blue stock? ›

You can purchase blue-chip stocks through online brokerage firms or gain access to them through blue-chip funds. Given the high price-tag per share for some blue-chip stocks, some investors are opting to buy into these companies through fractional trading offerings.

Does Blue Origin have a future? ›

Blue Origin is working today to create that future by developing reusable launch vehicles and in-space systems that are safe, low cost, and serve the needs of all civil, commercial, and defense customers.

Does Amazon pay dividends? ›

While many companies that issue stocks pay dividends on a regular basis (with some even steadily increasing their dividends through the years), Amazon doesn't pay dividends to shareholders.

Does Bill Gates have shares in Microsoft? ›

Bill Gates still owns more than 1% of Microsoft's shares, worth around twenty billion dollars. Gates has a lot of his financial investments held by a family office known as Cascade Investments. He also has substantial real estate holdings and an extensive collection of collectibles.

Who owns majority of Tesla? ›

Top 10 Owners of Tesla Inc
StockholderStakeShares owned
Fidelity Management & Research Co...1.04%32,809,105
Jennison Associates LLC0.94%29,557,607
Baillie Gifford & Co.0.88%27,876,833
Northern Trust Investments, Inc.(...0.73%22,949,732
6 more rows

Which penny stocks to buy now? ›

The 7 Best Penny Stocks to Buy Now
BTGB2Gold Corp.$3.55
JOBGEE Group$0.75
JRSHJerash Holdings$4.36
NGDNew Gold$1.13
2 more rows
23 Nov 2022

How much of Walmart Does Bill Gates Own? ›

TickerCompany% Portfolio
DEDeere & Co.3.85%
CATCaterpillar Inc.3.55%
ECLEcolab Inc.2.07%
WMTWalmart Inc.1.15%
18 more rows
7 Dec 2022

What bank does Bill Gates keep his money? ›

Cascade Investment, L.L.C. is an American holding company and private investment firm headquartered in Kirkland, Washington, United States.
Cascade Investment.
FounderBill Gates
HeadquartersKirkland, Washington , United States
Key peopleBill Gates (Chairman) Michael Larson (CIO)
Total assetsUS$70 billion (2021)
5 more rows

What new stocks is Warren Buffett buying? ›

Berkshire Hathaway's portfolio holdings: Where Buffett & Co. are buying/adding
  • Taiwan Semiconductor (TSM) ...
  • Paramount Global (PARA) ...
  • Occidental Petroleum (OXY) ...
  • Chevron (CVX) ...
  • Celanese Corp. ...
  • U.S. Bancorp (USB) ...
  • Activision Blizzard (ATVI) ...
  • Bank of New York Mellon (BK)
14 Nov 2022

What new stock did Warren Buffett buy? ›

Arguably the most notable move by Buffett and Berkshire in the quarter was their investment in the world's largest chipmaker, Taiwan Semiconductor Manufacturing Company (TSM 0.10%), also known as TSMC.

What are Warren Buffett's top 10 investments? ›

Top Warren Buffett Stocks By Size
  • Coca-Cola (KO), 400 million.
  • Kraft Heinz (KHC), 325.6 million.
  • Occidental Petroleum (OXY), 194.4 million.
  • Chevron (CVX), 165.4 million.
  • American Express (AXP), 151.6 million.
  • Nu Holdings (NU), 107.1 million.
  • HP (HPQ), 104.5 million.
  • Paramount Global (PARA), 91.2 million.

Which stock will double in 3 years? ›

DD's Stock Doubling in 3 years
S.No.NameNP Qtr Rs.Cr.
3.P I Industries334.80
22 more rows

What stocks should I buy for 5 years? ›

  • Liquid Mutual Funds.
  • Corporate Bond Funds.
  • Gilt Funds.
  • Banking & PSU Mutual Funds.
  • Floater Mutual Funds.
  • Overnight Mutual Funds.
25 Aug 2022

Which stock gives highest return in future? ›

Highest returns in 5 year
S.No.NameCMP Rs.
1.SEL Mfg. Co680.20
2.Best Agrolife1582.85
3.Spacenet Enterpr29.40
4.Raj Rayon Inds.34.85
22 more rows

Which stocks will boom in 2022? ›

A Closer Look at the Best Growth Stocks to Invest in 2022
  • Lucky Block - Start-Up Blockchain Asset Decentralizing the Lottery Industry. ...
  • Meta Platforms - Best Growth Stock to Buy Now for Exposure to the MetaVerse. ...
  • Tesla - Tesla - Top Growth Stock for the Future of Electric Cars.
24 Mar 2022

What stocks are hot right now? ›

ALL Allstate Corp132.29+2.39
CF CF Industries Holdings Inc94.55+1.55
PHM Pultegroup Inc47.05+0.72
MRO Marathon Oil Corp27.86+0.39
6 more rows

What is the safest long term stock? ›

Dividend Aristocrats, which are companies that have increased dividends for at least 25 consecutive years, are considered safe stocks.
  1. Berkshire Hathaway. Berkshire Hathaway (NYSE:BRK. ...
  2. The Walt Disney Company. ...
  3. Vanguard High-Dividend Yield ETF. ...
  4. Procter & Gamble. ...
  5. Vanguard Real Estate Index Fund. ...
  6. Starbucks. ...
  7. Apple.

What price will Amazon be in 5 years? ›

Amazon (AMZN) lost its trillion-dollar market capitalization and is freezing some of its hiring. However, compared to analysts' forecasts, Amazon's financial data indicates a revenue meet and an earnings beat. Investors should expect AMZN stock to reach or surpass $200 five years from now.

Is Amazon a good long term buy? ›

Amazon has delivered gains of more than 600% over the past 10 years. Amazon (AMZN -3.03%) has proven it can be a great long-term investment. The e-commerce giant's stock price climbed more than 600% over the past decade.

Is Amazon a good investment for 2022? ›

In Q3 2022, AWS revenue grew 27.4% year over year to $20.5 billion, while operating income rose 10.6% to $5.4 billion. AWS is incredibly promising for Amazon's future; despite being the smallest segment, it managed to make up for the $2.89 billion operating loss in the company's e-commerce segment.

What company is making Starlink terminals? ›

After launching another batch of 52 Starlink satellites on Saturday, SpaceX chief Elon Musk announced that the company has manufactured one million Starlink terminals.

What is the parent company of Starlink? ›

Starlink is a satellite internet service operated by SpaceX, the company founded in 2002 by Elon Musk. SpaceX designs, manufactures and launches rockets and spacecraft. SpaceX started launching Starlink satellites in 2019 and as of September 2022 has launched more than 3,000 satellites into low-Earth orbit (LEO).

What is the name of Starlink stock? ›

STARL-USD - Starlink USD.

How to invest in Starlink? ›

If you have the money and the connections, the only way to directly invest in Starlink is to invest during one of SpaceX's equity-raising rounds. Typically, these are reserved for large funds, such as hedge funds and private equity, and are not offered to retail investors.

What is Starlink stock worth? ›

STARL Price Statistics
Starlink Price$0.000002745
Price Change24h-$0.000000185 6.31%
24h Low / 24h High$0.000002727 / $0.000002932
Trading Volume24h$820,648 45.53%
Volume / Market Cap0.02996
2 more rows

What is Elon's next big bet? ›

Two colleagues working on new global financial strategy plan using tablet and laptop. Elon Musk is betting big on Canada. After a successful beta test of one of his SpaceX services in New Brunswick, he's getting ready to take the service mass market.

What is the best space stock to invest in? ›

10 Best Space Stocks to Buy According to Hedge Funds
  • Maxar Technologies Inc. (NYSE:MAXR)
  • Iridium Communications Inc. (NASDAQ:IRDM)
  • Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD)
  • Teradyne, Inc. (NASDAQ:TER)
  • Northrop Grumman Corporation (NYSE:NOC)
17 Oct 2022

Can I buy shares of Starlink? ›

It isn't currently possible to buy Starlink shares on the stock market. That won't be possible until when (and if) the company ultimately goes public. For now, there are some options you may consider if you want to know how to invest in SpaceX or in Starlink.

Does Elon Musk own Starlink internet? ›

Starlink Explained: What You Need to Know About Elon Musk's Satellite Internet Service. The lightning-rod SpaceX CEO is launching satellites into orbit, promising to deliver high-speed broadband to remote and rural locations.

How much is Starlink per month? ›

High-speed, low-latency broadband internet in remote and rural locations across the globe. $110/mo with a one-time hardware cost of $599.

Is Starlink making money? ›

In one tweet, the SpaceX CEO complained that "Starlink is still losing money," and getting little help from the government. A few days later, he explained that at least part of the reason Starlink remains unprofitable is because SpaceX is losing about $20 per month due to unpaid service.

Is Starlink part of SpaceX or Tesla? ›

Elon Musk could spin Starlink off from SpaceX and carry out an initial public offering by 2025, tech analyst firm CCS Insight said in a report. Starlink uses satellite to provide broadband internet to users and is part of Musk's space exploration company.

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