Who Owns Starlink?
Updated onExplore the ownership hierarchy of Starlink. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Starlink
Starlink is SpaceX's satellite internet service that provides high-speed, low-latency broadband via a global low-Earth-orbit (LEO) satellite constellation for homes, businesses and mobility customers.
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SpaceX (Space Exploration Technologies Corp.) is an American aerospace manufacturer and space transportation company that designs, manufactures, and launches rockets and spacecraft, operates the Starlink satellite internet constellation, and is developing the reusable Starship system for lunar and interplanetary missions.
Starlink
Starlink is SpaceX's satellite internet service that provides high-speed, low-latency broadband via a global low-Earth-orbit (LEO) satellite constellation for homes, businesses and mobility customers.
Starts at $80 / per subscription / month
Has a free trial
SpaceX (Space Exploration Technologies Corp.) is an American aerospace manufacturer and space transportation company that designs, manufactures, and launches rockets and spacecraft, operates the Starlink satellite internet constellation, and is developing the reusable Starship system for lunar and interplanetary missions.
Major Shareholders
Starlink
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Space Exploration Technologies Corp. (SpaceX) Immediate and sole direct owner of Starlink’s operating entities (e.g., Starlink Services, LLC). Starlink is described as a wholly owned division/subsidiary of SpaceX, with all Starlink business activities, intellectual property, and infrastructure owned and operated by SpaceX as of 2025; Starlink itself has no outside shareholders separate from SpaceX. | Corporate | 100.0% | 100.0% | Dec 2025 |
Elon Musk Founder, CEO and largest shareholder of SpaceX. Public profiles and financial press report that Musk owns about 42% of SpaceX’s equity and roughly 79% of its voting power as of 2024–2025, making him the ultimate controlling shareholder of SpaceX and therefore of Starlink (indirectly, via SpaceX’s 100% ownership). | Founder | 42.0% | 79.0% | Jul 2025 |
Founders Fund Venture capital firm co‑founded by Peter Thiel and one of the earliest institutional backers of SpaceX. It invested in SpaceX’s 2008 round and is widely cited as one of the company’s largest external shareholders, with some analyses estimating an ownership stake around 10% at one point, implying a meaningful but minority indirect stake in Starlink via SpaceX. Exact current percentage is not publicly disclosed and has likely been diluted by later rounds. | Institutional | — | — | Dec 2025 |
Fidelity Investments (including Fidelity Contrafund and other funds) Major institutional shareholder in SpaceX through multiple mutual funds. Fidelity and Google co‑led a $1 billion investment in 2015, and later filings show Fidelity’s SpaceX stake valued at more than $2.7 billion at year‑end 2024, making SpaceX one of the Contrafund’s largest positions. This makes Fidelity a significant minority indirect owner of Starlink via its stake in SpaceX; the exact equity percentage is not publicly disclosed. | Institutional | — | — | Dec 2024 |
Alphabet Inc. (Google) Google (now Alphabet) invested alongside Fidelity in a roughly $1 billion round in 2015 that bought about a 10% combined stake in SpaceX at a $12 billion valuation, giving Alphabet a mid‑single‑digit percentage holding at that time. Later reporting continues to describe Alphabet as a key SpaceX investor, with an $8 billion unrealized gain on its SpaceX stake recorded in Alphabet’s 2025 results. This stake is an indirect minority ownership in Starlink via SpaceX; current precise percentage is undisclosed and has been diluted by subsequent funding. | Corporate | — | — | Apr 2025 |
EchoStar Corporation US satellite communications company and parent of Hughes Network Systems. In 2025, SpaceX agreed to acquire wireless spectrum licenses from EchoStar for about $17 billion, paid roughly half in cash and half in SpaceX equity, leaving EchoStar described as one of SpaceX’s largest outside shareholders. This makes EchoStar a notable indirect minority owner of Starlink via its new equity stake in SpaceX. Exact ownership percentage is not publicly disclosed but is likely a low‑single‑digit share of SpaceX. | Corporate | — | — | Dec 2025 |
Baillie Gifford Scottish investment manager known for long‑term positions in high‑growth companies. Baillie Gifford led a $536 million SpaceX funding round in 2019 and is repeatedly cited as a major institutional shareholder in the company, and thus an indirect minority owner of Starlink. Detailed percentage ownership has not been made public. | Institutional | — | — | Jul 2025 |
Sequoia Capital Prominent venture capital firm listed among SpaceX’s key investors in private‑market databases and funding overviews. Sequoia participated in later‑stage SpaceX rounds, giving it an indirect minority stake in Starlink through its SpaceX shareholding. Specific ownership percentage is undisclosed. | Institutional | — | — | Jul 2025 |
Andreessen Horowitz (a16z) Venture capital firm that led a $750 million SpaceX funding round in early 2023, part of the company’s late‑stage growth financing. This investment makes a16z a notable institutional shareholder in SpaceX and therefore an indirect minority owner of Starlink. Exact equity percentage has not been publicly reported. | Institutional | — | — | Jan 2023 |
Gigafund Investment firm co‑founded by former PayPal/SpaceX figures and focused on "multi‑planetary" companies. Frequently cited among notable SpaceX investors and listed as a key institutional shareholder in discussions of Starlink’s ultimate ownership, giving it an indirect minority stake in Starlink via SpaceX. No reliable public data exists on its precise percentage ownership. | Institutional | — | — | — |
SpaceX
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Elon Musk Founder, CEO and chief engineer of SpaceX and by far its largest shareholder. Multiple mainstream reports tied to SpaceX’s December 2025 $800B tender offer and planned 2026 IPO estimate that Musk owns about a 42% equity stake in SpaceX; earlier analyses and investor commentary explain that, via a dual‑class structure with super‑voting shares, this translates into roughly 78–79% of voting power, giving him effective control of the company. | Founder | 42.0% | 78.0% | Dec 2025 |
Founders Fund U.S. venture capital firm co‑founded by Peter Thiel and one of SpaceX’s earliest and most important outside backers. Founders Fund led a pivotal 2008 investment round when SpaceX was close to running out of cash and has participated in later growth financing; it is consistently cited in coverage of SpaceX’s cap table as a major shareholder, although its exact current percentage is not publicly disclosed. | Institutional | — | — | Dec 2025 |
Fidelity Investments (FMR LLC and affiliated funds) Large U.S. asset manager that first bought into SpaceX in the 2015 Google/Fidelity $1B round and has since accumulated additional shares across multiple funds. A December 2024 filing showed Fidelity’s flagship Contrafund alone valuing its SpaceX stake at more than $2.7B, making SpaceX one of its biggest positions; SpaceX is also held in other Fidelity vehicles, and the firm is routinely described as a major SpaceX shareholder. SpaceX’s private status means Fidelity’s exact percentage ownership is not publicly broken out. | Institutional | — | — | Dec 2024 |
Alphabet Inc. (Google and GV) Google’s parent company, Alphabet, became a key corporate investor in SpaceX in 2015 when Google and Fidelity invested $1B at a valuation just over $10B, receiving a combined stake of just under 10%. Later reporting and Alphabet‑focused analyses confirm that Alphabet still holds its SpaceX position, which has generated large unrealized gains as SpaceX’s valuation rose from roughly $350B in 2024 to about $800B in the December 2025 tender offer; however, the company does not disclose an exact percentage for this stake. | Corporate | — | — | Dec 2025 |
Baillie Gifford (via Scottish Mortgage, Schiehallion, US Growth and Edinburgh Worldwide trusts) Edinburgh‑based investment manager Baillie Gifford has built one of the largest non‑founder positions in SpaceX through several of its closed‑end investment trusts, including Scottish Mortgage, Schiehallion, Baillie Gifford US Growth and Edinburgh Worldwide. Following SpaceX’s late‑2025 insider tender that valued the company at about $800B, these trusts reported that SpaceX accounted for roughly 11–16% of each portfolio and disclosed very large uplifts in the value of their SpaceX holdings (for example, Scottish Mortgage’s stake alone was estimated at nearly £2.2B), implying a multi‑billion‑dollar aggregate ownership but without a precise percentage of SpaceX’s total equity. | Institutional | — | — | Dec 2025 |
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