How to Buy Starlink Stock

Can't wait to buy Starlink stock? While it remains unavailable, there are alternatives like investing in SpaceX and other companies. Learn more.

Shortcut: Want to invest in pre-IPO companies like Starlink and other top startups? EquityZen offers a chance for accredited investors to invest in private companies before they're public. Join now to unlock access.

Invest in Private Companies

• Invest in pre-IPO companies through an EquityZen fund.
• $10,000 minimum investment
• Available to accredited investors only

Click Here to Learn More

You've probably heard about Starlink. It's SpaceX's satellite internet venture that has made waves with over 2 million users. The buzz around it has attracted many potential investors.

If you're eager to invest in Starlink, you're probably wondering about your options.

In this article, find out the different ways to invest in Starlink and explore alternative investment opportunities. Let's dive in.

What Is Satellite Internet?

Satellite internet is a type of internet connection that uses orbiting artificial satellites in space. With this, you can ideally connect to high-speed internet wherever you are, even in the most rural or remote locations.

Starlink is one of the biggest satellite internet providers along with Viasat and HughesNet. Starlink's satellite internet can be used for both residential and business purposes.

Most internet users use fiber, DSL, or cable. However, when all of these fail, it's satellite internet that helps everyone stay connected, as in the case of the Los Angeles Fire^[1] or Hurricane Helene^[2].

Can you buy Starlink Stock?

Starlink is a private company, so you can't buy its stock directly on a public stock exchange. But that doesn't mean you can't invest in the company. Here are a few alternative ways to invest in Starlink:

• Buy SpaceX shares on secondary platforms
  At secondary platforms like EquityZen, existing shareholders sell their stakes to other investors.

  Since SpaceX is Starlink's parent company, when you buy SpaceX stock, you become a shareholder of the overall company, which includes Starlink.

• Invest in funds
  Some funds include SpaceX in their portfolio. By investing in funds like Destiny Tech100 (NYSE: DXYZ), you also get indirect exposure to SpaceX and its subsidiaries.

Let's take a deeper look at how these investment options work.

Invest in High-Growth Startups

• Access Hundreds of Startups at Past Valuations
• Diversify Your Portfolio with High Growth Startups
• Invest in a Previously Inaccessible Asset Class

Subject to availability. Investments involve risk; Equitybee Securities, member FINRA

Get Access to Startups Like SpaceX

How to Buy Starlink Stock Before IPO

Currently, Starlink is not yet listed on any secondary platform, like EquityZen or Hiive. This means there's no available Starlink stock for purchase—whether in the private or public market.

Luckily, there are still other ways to invest in Starlink. Read on.

How to Indirectly Invest in Starlink

To indirectly invest in Starlink stock, accredited investors can consider purchasing shares of its parent company, SpaceX.

If you're looking to invest in SpaceX before the IPO, platforms like EquityZen let accredited investors access private companies before they go public. Here's how to get started:

1. Sign up with EquityZen
2. Search for SpaceX
3. Invest via a fund that owns shares of SpaceX

Register now to unlock exclusive access to hundreds of high-growth startups, like Stripe, SpaceX, Reddit, and OpenAI.

If it's not available yet, users will be notified once it is.

Invest in Private Companies

• Invest in pre-IPO companies through an EquityZen fund.
• $10,000 minimum investment
• Available to accredited investors only

Click Here to Learn More

You can also buy SpaceX shares through Hiive, a private stock marketplace. One of their best features is the stock price chart so you can automatically see the current value of each SpaceX share.

To get started:

1. Sign up on Hiive.
2. Place an anonymous bid for SpaceX shares.
3. Negotiate directly with the matched seller.
4. Receive your shares after the company approves the deal.

Funds with Exposure to Starlink

Some closed-end funds, ETFs, and mutual funds that invest in private companies, including SpaceX (Starlink), are easily available to retail investors through brokers.

Here are some funds you can consider:

• Destiny Tech100 (NYSE: DXYZ)
  Launched in March 2024, Destiny Tech100 is an NYSE-listed, closed-end fund from D/XYZ (pronounced Destiny). SpaceX currently makes up 36.9% of its portfolio.^[6]

  To invest: Sign up with stock brokers Public or Robinhood, add funds, then buy at least 1 share of DXYZ (Recent closing price is $65.28 per share).^[7][8]

• Ark Venture Fund (ARKVX)
  Ark Venture Fund is an unlisted, closed-end fund created by Ark Invest in September 2022. 17.55% of its fund's portfolio is allocated to SpaceX.^[9]

  To invest: Sign up in SoFi, add funds, and then invest at least $500 dollars in ARKVX.^[10]

• Baron Focused Growth Retail (BFGFX)
  Baron Focused Growth Fund is a mutual fund offered by Baron Capital since May 1996. The ticker symbol for the retail share class is BFGFX. SpaceX takes up 10.4% of its portfolio.^[11]

  To invest: Create an Interactive Brokers account, deposit funds, and invest at least $2,000 in BFGFX retail shares.^[12]

• ERShares Private-Public Crossover ETF (XOVR)
  XOVR is the first crossover ETF that lets you invest in both public and private stocks. SpaceX is its top holding with a 9.96% allocation.^[13]

  To invest: Sign up with stock brokers Public or Robinhood, add funds, then buy at least 1 share of XOVR (Recent closing price is $19.21 per share).^[14]

Why Invest in Starlink?

Starlink is growing in demand. It now has over 2 million active subscribers. People are raving about their fast and dependable internet service. Its high-quality internet is available even in remote areas.

What sets Starlink apart is its mother company, SpaceX. SpaceX is a renowned and successful player in the aerospace industry. This gives Starlink a significant advantage over other companies. With SpaceX, it has the resources to remain at the forefront of the industry.

SpaceX also estimates that the total market potential for Starlink could be $1 trillion. This is a big opportunity for growth and return on investment.

So, if you're looking for a potential long-term investment, Starlink is definitely a good option.

Risks in Buying Starlink Stock

Before investing in SpaceX (Starlink), take time to understand the risks related to this privately held company.

• Volatility
  In general, stocks are known to be highly volatile assets. SpaceX (Starlink) is no exception, so it won't be surprising to see its stock price fluctuate over time.

• Competition
  Numerous space companies are striving to gain market share. This heightened industry competition could potentially affect Starlink's growth and profitability.

• Regulatory Changes
  The space industry regulations are constantly changing. Any changes in laws or government policies may affect the operations and financial performance of Starlink.

• Intellectual Property
  The protection of intellectual property is crucial in the space industry. If Starlink faces challenges safeguarding its satellite internet technology and innovations, it may lead to legal problems or loss of competitive advantage.

What Is Starlink's Valuation?

As part of SpaceX, Starlink's financial reports aren't public. However, reports suggest that SpaceX raised $750 million in a January 2023 funding round, potentially valuing the company at $137 billion.

Impressive, right? Not to mention, major investors like Alphabet Inc. (parent company of Google) and Fidelity Investments are backing SpaceX, with Starlink's value contributing to the overall worth.

And based on estimates, it looks like Starlink could become even more valuable than SpaceX in the future.

What Are the Alternatives to Starlink Stock?

There are a few notable competitors to Starlink in the satellite internet sector. Here are some of the top alternatives:

1. OneWeb
   OneWeb is a company that aims to provide global satellite internet coverage. They have launched a constellation of satellites and offer broadband services to various markets. OneWeb has gained attention for its ambitious plans and has secured significant funding from various investors.

2. Amazon's Project Kuiper
   Project Kuiper is Amazon's initiative to deploy a constellation of satellites to offer broadband internet access. With a focus on underserved areas, Amazon aims to compete directly with Starlink by providing high-speed internet connectivity worldwide. However, the project is still in its early stages.

3. HughesNet
   HughesNet is a satellite internet service provider that has been in operation for many years. They offer broadband services to customers in rural and remote areas, making them a potential competitor to Starlink in certain regions.

Keep in mind that the satellite internet industry is constantly changing, with the possibility of new companies entering or current ones becoming stronger. Factors such as market trends, technology advancements, and regulations can affect competition in this field.

Bottom Line

You cannot buy Starlink stock because it is still a private company. But you can indirectly invest through its parent company, SpaceX. You can also consider exploring other companies. Good options include those in satellite technology, aerospace, and related sectors.

Invest in High-Growth Startups

• Access Hundreds of Startups at Past Valuations
• Diversify Your Portfolio with High Growth Startups
• Invest in a Previously Inaccessible Asset Class

Subject to availability. Investments involve risk; Equitybee Securities, member FINRA

Get Access to Startups Like Starlink

Remember, conducting research and staying informed about the latest developments is crucial. If you need guidance, consulting with a financial advisor can help you make well-informed investment decisions.

References