How to invest in Starlink: there’s only one real way

Starlink has 13.6 million subscribers and growing. It’s also been the subject of IPO rumors for years. Here’s how to actually own a piece.

How to buy it

1. Open a brokerage account at a firm like Fidelity, Schwab or Robinhood.
2. Add money, and search for the ticker SPCX.
3. Choose an amount. Most big brokers sell fractional shares, so you can start small.
4. Place the order, using a limit order if you want to set your price.

How much of SpaceX is Starlink?

So if you buy SPCX for Starlink, more than half of the revenue you own comes from something else, and most of the capital spending goes there too. Starlink’s average revenue per user has also slipped, to $69 a month from $83, as it signs up customers in cheaper markets.

Will Starlink have its own IPO?

Elon Musk talked about this for years, but SpaceX listed as one company instead, and we know of no announced plan to spin Starlink off. Treat any claim otherwise with care until it comes from SpaceX itself.

Can you own it through a fund?

Some funds now hold SPCX, including those that track broad indexes as it’s been added. A fund gives you only a small piece, but spreads your risk. Check a fund’s holdings on its website before buying. See what an ETF is.

Watch out for scams

• No one sells pre-IPO Starlink shares through social media ads.
• No legitimate offer needs crypto, gift cards or a wire to a private account.
• Deepfake videos of Elon Musk are often used to sell fake investments.

Is it worth buying? See is the SpaceX IPO a good investment and how it affected Tesla.

Sources

• Broadband Breakfast: Starlink reaches 13.6 million subscribers
• CNBC: SpaceX third-quarter results, live updates
• Motley Fool: the 5 most important numbers from SpaceX’s earnings
• Investor.gov: Introduction to investing