The space business and public markets are not, perhaps, a match made in heaven. Consider the much-anticipated Starlink IPO. Elon Musk’s SpaceX is the most valuable private company in the U.S., and its largest revenue driver by far is Starlink, which offers broadband connections around the globe via a constellation of low-Earth orbit satellites.
But Musk is in no hurry to spin off Starlink, despite excitement over the idea. A big reason why? The advantages of being a private company versus a public one.
