This makes a ton of sense for SpaceX. SpaceX is a high risk business with intermittent revenue and very long term goals. Avoiding the burdens of being public le

This makes a ton of sense for SpaceX. SpaceX is a high risk business with intermittent revenue and very long term goals. Avoiding the burdens of being public lets SpaceX do what they need to do without worrying about quarterly revenue targets and the scrutiny of Wall Street. Starlink is a relatively low-risk service company with a clear business model, easily predicted and consistent revenue. Exactly the sort of business which Wall Street loves. By going public with Starlink, SpaceX can raise a lot of money on the public markets and give it's investors and employees a way to cash in on their investments without actually making SpaceX public. They can also retain controlling interest in Starlink and benefit from the success of their child company. TLDR: It's a clever way for Musk and company to finance SpaceX and keep their investors happy while keeping SpaceX itself private.