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.