Elon’s “Super-IPO” #1 “Backdoor” Starlink Play – Altucher’s Stock Pick

While all eyes are on Tesla, X, and even xAI, Elon Musk may be quietly planning the “Super IPO” of an even bigger company.

James Altucher believes it could generate as much as $100 billion in proceeds and he has a secret “backdoor” way to profit from it before it goes public.

The Teaser

If there was any doubt, Elon's potential “Super IPO” is Starlink and it's disrupting the internet.

James Altucher is an expert in emerging technologies like crypto and AI, having founded or cofounded over 20 companies. He's also a ranked chess master who has probably hustled his fair share of amateurs.

For those who have only heard about Starlink in passing on the news for offering free broadband services to those affected by hurricanes Helene and Milton or for providing high-speed, low-latency WiFi on commercial flights, it is much more than that.

In simple terms, Starlink is a satellite internet provider that can connect everyone worldwide to high-speed internet without requiring towers, cables, or any traditional broadband infrastructure.

From this standpoint, its level of innovation could surpass that of Tesla or anything else Musk has previously done.

For investors, a new technology making old ones obsolete presents a massive opportunity.

Radical Gains

All we have to do is look back at what the introduction of the internet did for early investors as an example of what could be.

After AOL introduced dial-up internet to the masses, its stock soared 81,844% in only seven years:

That's enough to turn $1,000 into $800,000!

The same thing happened again when broadband internet was introduced throughout the country, Comcast investors made 46,000% between 1980 and 2017.

As we can see, when the internet takes a huge leap forward, money is minted.

Starlink is the next iteration of the internet and James says he has “three smoking guns” to prove that it is “quietly laying the groundwork for an IPO by December 31st.”

The Pitch

James' newest special report Elon’s “Super-IPO”: The #1 “Backdoor” Starlink Play to Buy Now lays out everything we need to know about this opportunity.

To claim it, we need a risk-free trial to James' monthly investment research advisory, Altucher’s Investment Network.

A one-year subscription costs $49 for a limited time and includes twelve monthly newsletters, with each covering “a big investment megatrend,” weekly email alerts, and quarterly Q&A calls with James himself.

The Three Smoking Guns Confirming a Starlink IPO

James' findings hinge on a close contact, who he says, attended a closed-door meeting in Washington, D.C. with Elon Musk and others, that was never reported to the press.

It all sounds a bit sketchy, but let's look at the evidence before passing judgment.

Exhibit A: An Elon Tweet

In Elon's own words, from 2021, he's always planned to take Starlink public as soon as the company’s cash flow is predictable.

This past winter, he followed it up with news that Starlink has achieved breakeven cash flow:

A sign that an IPO could be coming.

What else does James have?

Exhibit B: Elon Needs Liquidity

Elon is one of the world’s richest people, with a net worth above $300 billion.

However, nearly all of that money is tied up in stock in his various companies.

This gives Elon a reason to spin off Starlink into an IPO, as he’d be able to sell some shares and potentially free up billions of dollars in cash.

James believes its a no-brainer for Musk to get more liquid.

What else?

Exhibit C: Bloomberg's Bombshell Report

Starlink is a subsidiary of another company you may have heard of called SpaceX.

According to Bloomberg, this could be about to change:

“SpaceX had been moving Starlink's assets into a wholly owned unit that would ultimately be spun off, as soon as late 2024.”

However, this was last year and Musk has already come out and denied the report.

Now, he could just be refuting the timing, and an IPO could be coming later, in 2025 or 2026, as some believe.

Only time will tell, but Starlink remains an interesting investment. So, what is the backdoor way to get in on it early?

Revealing James Altucher's #1 Backdoor Starlink Play

This “backdoor” play is how we can invest in Starlink with as little as $50.

So what is it?

Here are the clues James provided in his teaser:

• The Starlink device contains a special antenna built using parts from one small, off-the-radar company we can invest in.
• Several years ago they became a major supplier of Starlink, agreeing to manufacture one million terminals for $2,400 each.
• It is the only company in the world that can make these components.
• Elon Musk has called its parts “one of the most sophisticated pieces of electronics” he’d ever seen.

All signs on the magic eightball point to this being STMicroelectronics N.V. (NYSE: STM). The clues line up like a star constellation:

• SpaceX signed an agreement a few years ago with STMicroelectronics to manufacture its user terminals for $2,400 a pop.
• STMicroelectronics is one of only a few large, public companies that works with its clients to design and build custom semiconductor chips and other products.
• Elon called Starlink's user terminal “one of the most sophisticated pieces of electronics that I've ever heard about.”

Bigger Than Paypal And Tesla Combined?

James says STM could be “bigger than PayPal and Tesla put together.”

This is because Starlink is poised to permanently disrupt the $2.18 trillion telecom industry.

For reference, Tesla is back to being a $1 trillion business, and Paypal Holdings sits at a $86 billion market cap, so STM would need to become a $1.1 trillion business to fulfill James' prophecy.

I don't see STM stock rocketing 5,000% anytime soon, but that's not necessarily a bad thing.

STM is a niche business that makes chips and other components for non-computer applications and while it does have some serious competition from the likes of ON (Nasdaq: ON) and Infineon (OTC: IFNNY), it doesn't need to get that much bigger than it already is to be a good investment.

The business is currently generating about $1 billion every quarter in income, which is being heavily reinvested back into production, it has twice as much cash ($6.3 billion) as debt ($3.1 billion), and pays regular dividends to shareholders, along with the occasional share buyback.

As a Swiss company primarily listed on the CAC in France, it will trade for a lower multiple than its American counterparts (it's like an unwritten law of finance), and its current forward P/E of 12x reflects that, but it has room to run.

Overall, STM makes products for which demand is growing, it is conservatively financed, and it is selling at an attractive valuation, making it a good multi-bagger candidate over the long term.

Quick Recap & Conclusion

• James Altucher is teasing a “Super IPO” which he believes could generate as much as $100 billion and he has a secret “backdoor” way to profit from it before it goes public.
• James is talking about Elon Musk's Starlink, which may be “quietly laying the groundwork for an IPO” and one key supplier stock is the way to get in on it early.
• This stock is only revealed in James' newest special report Elon’s “Super-IPO”: The #1 “Backdoor” Starlink Play to Buy Now. To claim it, all we need is a risk-free trial to Altucher’s Investment Network monthly investment research advisory, which costs $49 for the first year.
• Fortunately, all you had to do was read this teaser review, because we revealed James' backdoor Starlink play for free as STMicroelectronics N.V. (NYSE: STM).
• STM is a growing business, making an in-demand product, selling for a low absolute valuation = multi-bagger potential.

Is STM the best way to play a potential Starlink IPO? Let us know in the comments.