SpaceX owns Starlink. The satellite internet service is not a separate company with its own shares; it is the main business in SpaceX’s Connectivity segment, and Elon Musk controls SpaceX through about 82% of its voting power.
Since SpaceX listed on Nasdaq under the ticker SPCX on June 12, 2026, the public can also own a small slice of Starlink by buying SpaceX shares. Musk, Alphabet, Valor Equity Partners and other early investors hold most of the rest.
Who owns Starlink: ownership at a glance
| Item | Detail |
|---|---|
| Owner | SpaceX (Space Exploration Technologies Corp.) |
| Ownership type | Business unit owned 100% by SpaceX, inside its Connectivity segment |
| Parent company listing | Nasdaq: SPCX, since June 12, 2026 |
| Controlling shareholder | Elon Musk, about 82% of voting power |
| Musk’s economic stake in SpaceX | 48.4% (June 30, 2026) |
| Starlink subscribers | 13.6 million consumer subscribers (Q3 2026) |
| Separate Starlink IPO | None announced |
How SpaceX owns Starlink
SpaceX built Starlink in-house and began launching its satellites in 2019. Starlink operates through local subsidiaries in many countries, and every one of them belongs to SpaceX.
In SpaceX’s financial reports, Starlink sits in the Connectivity segment. That segment recorded $11.39 billion in revenue in 2025, or 61% of SpaceX’s $18.67 billion total, with $4.42 billion in operating income.
No Starlink spin-off or separate IPO has been announced. Any such move would need approval from a SpaceX board that Musk controls through his voting shares.
Elon Musk’s ownership of Starlink through SpaceX
Musk owns 48.4% of SpaceX as of June 30, 2026, according to a regulatory filing reported by Reuters. His 6.42 billion shares were worth more than $900 billion at market prices at the time.
His voting power is higher than his economic stake. SpaceX has two share classes, and Class B shares carry ten votes each compared with one vote for Class A.
| Musk holding | Shares |
|---|---|
| Class A shares held by his trusts | 849.5 million |
| Class B shares held by his trusts | 3.92 billion |
| Restricted Class B shares held directly | 1.30 billion |
| Class B shares from stock options | 350 million |
| Total | 6.42 billion |
Musk has held more than 82% of SpaceX’s voting power since the IPO. That control extends to Starlink, along with xAI, which SpaceX acquired in February 2026, and the X platform.
The same chain applies to SpaceX’s AI products, as shown in this breakdown of who owns Grok.
Other major SpaceX shareholders
| Shareholder | Holding | As of |
|---|---|---|
| Alphabet (Google) | SpaceX shares valued at $94.1 billion | June 30, 2026 |
| Antonio Gracias (Valor Equity Partners) | 503.4 million Class A shares, 6.7% of that class | 2026 filing |
| Scottish Mortgage (Baillie Gifford) | SpaceX was 25.7% of the trust’s portfolio | June 30, 2026 |
| Public investors | Class A shares sold in the June 2026 IPO at $135 | June 2026 |
| EchoStar | About 261.8 million Class A shares expected from a spectrum deal | Closing expected around November 2027 |
Alphabet and Fidelity invested $1 billion in SpaceX in January 2015. Founders Fund put $20 million into the company in 2008, and Andreessen Horowitz joined in a 2023 round.
SpaceX also issued about 391 million Class A shares in August 2026 for its purchase of Cursor maker Anysphere. Details of that deal are in this report on SpaceX’s $60 billion Cursor acquisition.
Starlink subscribers and revenue
Starlink reached 13.6 million consumer subscribers at the end of Q3 2026, up 1.6 million from the previous quarter, SpaceX reported on October 20, 2026. The service had 4.4 million subscribers at the end of 2024.
The Connectivity segment recorded $5.2 billion in Q3 2026 revenue, up 69% from a year earlier, and $2.4 billion in operating income. Consumer revenue per user fell to $69 per month from $83 a year earlier.
Starlink served 164 countries, territories and markets as of March 31, 2026. Astronomer Jonathan McDowell counted 10,759 working Starlink satellites in July 2026.
Can you buy Starlink stock?
No separate Starlink stock exists. The only way to own part of Starlink is to buy SpaceX Class A shares on Nasdaq under SPCX.
A SpaceX share also covers the launch business and the AI segment, which includes xAI and X. Other listings tied to AI and space are tracked in this AI IPO tracker. This information is not investment advice.
Conclusion: who owns Starlink in 2026
Starlink belongs to SpaceX, and Elon Musk controls SpaceX with 48.4% of its shares and more than 82% of its voting power. Alphabet, Valor Equity Partners, Baillie Gifford funds and public shareholders hold much of the rest.
Starlink ended Q3 2026 with 13.6 million consumer subscribers and $5.2 billion in quarterly revenue. Without a spin-off, SpaceX stock is the only route to owning part of the service.
FAQ
Who owns Starlink?
SpaceX owns Starlink in full. Elon Musk controls SpaceX with a 48.4% stake and more than 82% of its voting power.
Is Starlink a separate company?
No. Starlink is a business unit inside SpaceX’s Connectivity segment. It operates through local subsidiaries, all owned by SpaceX, and has no shares of its own.
Can I buy Starlink stock?
No. Investors can buy SpaceX Class A shares on Nasdaq under the ticker SPCX, which gives exposure to Starlink along with SpaceX’s launch and AI businesses.
Does Google own part of Starlink?
Through SpaceX. Alphabet owns SpaceX shares valued at $94.1 billion as of June 30, 2026, from an investment it first made with Fidelity in 2015.
How many Starlink subscribers are there?
Starlink had 13.6 million consumer subscribers at the end of Q3 2026, SpaceX reported, up 1.6 million from the second quarter.
