4 ms·

SpaceX feels like the next "big thing"... question is when does it IPO. Even if the Mars stuff never pans out they can be a very successful business in telecomm

• walkingolof 6y ago
  I hope it never IPO's, it is too important to be public for now. Worst case scenario is that it IPO and McKinsey comes in to "streamline" the company ...
  • andys627 6y ago
    Surely Musk would retain control of the board like he has with Tesla
  • gaogao 6y ago
    Streamline the rockets, not the company.
• cotillion 6y ago
  I think its unlikely SpaceX will have an IPO. Elon likely wants to maintain as much control as possible until he gets to Mars. Spinning of Starlink makes sense once its up and running.
• doikor 6y ago
  Elon has said multiple times that he won't go public before Mars stuff has happened. Gwynne Shotwell has said they could spinoff Starlink as its own company and IPO it and use that money to fund more Mars projects if they run out of money. But if Starlink is profitable once it is up and running why would they sell it off/IPO? Just keep taking the money over years probably will work better in the long term.
  • dragon_greens 6y ago
    Starship and other Mars projects will be large upfront capital expenses with a lot going in R&D. I believe Musk would prefer faster returns to speed that up than wait a few years more patiently.
• KoftaBob 6y ago
  Musk has mentioned a few months back that they're planning to have Starlink IPO as a separate subsidiary of SpaceX, or something to that effect.