Elon Musk denies Starlink IPO report | World Business Watch

Billionaire Elon Musk has denied a report that his rocket company SpaceX was discussing an initial public offering for its satellite internet business, Starlink, as soon as 2024. Musk called the Bloomberg report "false". The news report stated that SpaceX had been moving Starlink's assets to a wholly owned unit that would ultimately be spun off.