Question

Describe Starlink satellite network (an internet provider program of SpaceX)'s funding path in detail, including seed funding, series A,B,C funding, and how it spend the funding on operation. How did those fundings affect its valuation? What is its estimated valuation in the future? What are the investor's and the public's perspectives of this program? Why so many potential investors deny its economic feasibility? Please attach the relevant sources. Thank you.

 

 

Answer 1

The Starlink satellite network is an internet provider linked to SpaceX to provide efficient services to potential service consumers. Essentially, SpaceX is a privately funded agency whereby the funding is emanating from facilitators and associated companies. The company is privately owned though it receives funding from the government through subsidiaries (Witze & Alexandra, 268). However, funding proposals enhance higher revenue generation providing 42,000 Starlink satellites sent into orbit. The installation aimed at ensuring the internet services were provided to a majority of the users worldwide. The investment was anticipated to generate $30 billion to $50 billion, which was annual revenue. Seed funding is the initial official equity funding stage. It also exemplifies the initial finances that a business enterprise or venture raises.

The series A, B, and C investment relates to growing the business via outside investments. Series funding is dependent on industry and level of interest among the potential investors. A B and C series connects the friends, family, and investors' pockets to raise adequate funds. The funding received through series A, B and C alleviated the effectiveness of the organization's operations. The series raising of funds required approximately $2 million to $15 million, but valuations are expected to be higher to $23 million (Chaudhry et al., 2020). The public and investor's perspectives of the program aimed to grow the company investment and provide internet worldwide. Several potential investors deny economic feasibility because of the risks involved, such as frequent technological changes due to advancement. The investment keeps on raising to need to align with the advancing technology.

Work Cited

Chaudhry, Aizaz U., and Halim Yanikomeroglu. "Free space optics for next-generation satellite networks." IEEE Consumer Electronics Magazine (2020).

 

Witze, Alexandra. "SpaceX launch highlights threat to astronomy from' mega constellations.'" Nature 575.7782 (2019): 268-270.

The Starlink satellite network is an internet provider linked to SpaceX to provide efficient services to potential service consumers.