Ground control to Singapore: Elon Musk’s SpaceX signals expansion in the Republic

The company is recruiting for treasury and tax roles to support its satellite Internet provider unit

Renald Yeo
Published Fri, Jan 3, 2025 · 06:30 PM
    • US-based SpaceX is the world’s most valuable private startup.
    • US-based SpaceX is the world’s most valuable private startup. PHOTO: REUTERS

    ROCKET maker SpaceX is expanding its presence in Singapore, establishing accounting and finance teams to support its satellite Internet provider unit, Starlink.

    The company is recruiting for treasury and tax roles to bolster Starlink’s Asia-Pacific (Apac) operations, as seen in multiple job listings on recruitment portal JobsDB.

    On LinkedIn, a recently hired, Singapore-based director of financial operations at SpaceX stated in her profile that she is “building accounting and tax teams from (the) ground up”.

    It is unclear if the hiring is limited to finance and accounting roles, or if additional positions will be added. The Business Times has reached out to SpaceX for comment.

    As at Friday (Jan 3), no Singapore-specific job listings were visible on SpaceX’s career webpage, and the city-state is not an available filter option.

    However, a JobsDB listing for a treasury manager described the role as “the first treasury person in our Singapore office”, tasked with supporting the “rapidly growing global Starlink business”.

    Similarly, a separate senior tax analyst job posting stated that Singapore-based Starlink Internet Services is seeking expertise “to work on direct and indirect tax matters across the Apac region”.

    Starlink Internet Services is a wholly owned subsidiary of SpaceX, led by Lauren Dreyer, its chief executive officer, according to Accounting and Corporate Regulatory Authority records.

    Dreyer, also vice-president of Starlink business operations at SpaceX, is based in Texas, according to her LinkedIn profile.

    Founded by billionaire Elon Musk, US-based SpaceX is the world’s most valuable private startup, with a valuation of about US$350 billion as at December.

    Its Starlink satellite constellation delivers broadband Internet to underserved and remote regions worldwide via thousands of low-Earth orbit satellites.