Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned.
The latest timeline signals another IPO delay and comes despite repeated questions from a variety of investors over the years about owning a piece of SpaceX. Musk emphasized, as he has previously, that the Starlink business needs to be “in a smooth sailing situation” with “good predictability” before it goes public.