WASHINGTON, Feb 5 (Reuters) - With a SpaceX IPO expected this year, the company has plans for its revenue-generating Starlink business that could expand its reach into new markets, including a Starlink phone, direct-to-device internet and a space-tracking service, sources familiar with the matter said.
The star of Elon Musk's empire, SpaceX is quickly expanding on the momentum with its speedy satellite production line with Starlink and its reusable rockets. Those two forces would help realize Musk's plans to build data centers that orbit Earth, a costly bet underpinning SpaceX's recently announced merger with xAI.
