Elon Says Spacex Won't Take   3 to 4 Years

Starlink Business Public for

Investors eagerly awaiting

 the initial public offering (IPO) of SpaceX's Starlink satellite-internet business will have to cool their heels for a while.

SpaceX founder and 

CEO Elon Musk said the company likely won't take its Starlink branch public for another three to four years

Starlink needs to be

 "in a smooth-sailing situation" with "good predictability," Musk said during the meeting

Any such move would

 be a big deal for investors and for SpaceX, which remains a privately traded company. 

SpaceX sees Starlink as

 crucial to the company's long-term goals. For example, Musk has said that revenue generated by the satellite-internet constellation will help SpaceX develop Starship

SpaceX has launched 

more than 2,600 Starlink satellites to date, and the network is providing broadband service to more than 400,000 subscribers

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