Elon Musk says Starlink to go public once cash flow is more predictable

Tesla Inc Chief Executive Officer Elon Musk will list SpaceX’s space internet venture, Starlink, when its cash flow is reasonably predictable, the billionaire entrepreneur said.

“Going public sooner than that would be very painful,” Musk said in a tweet. “Will do my best to give long-term Tesla shareholders preference.”

He was responding to a question on Twitter, where a user asked: “Any thoughts on Starlink IPO we would love to invest in the future. Any thoughts on first dibs for Tesla retail investors?”