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SpaceX Intends to Spin Off, Take Public Space Internet Business; Gwynne Shotwell Quoted

SpaceX plans to spin off and launch an initial public offering for its space internet subsidiary Starlink, Bloomberg reported Friday. “Right now, we are a private company, but Starlink is the right kind of business that we can go ahead and take public,“ Gwynne Shotwell, president and chief operating officer of SpaceX and a three-time Wash100 award winner, said Thursday at a JPMorgan Chase & Co.-hosted event in Miami.

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