4 ms·

If it was simply a matter of money, SpaceX could raise $15B in an IPO in a heartbeat given the incredible retail demand. I'm glad that Elon is remaining "conse

If it was simply a matter of money, SpaceX could raise $15B in an IPO in a heartbeat given the incredible retail demand. I'm glad that Elon is remaining "conservative" in his financing of SpaceX to avoid the quartly Wall Street song & dance.

cryptoz 6y ago
Last I heard, SpaceX will IPO once there are regular trips to Mars with Starship. Looking forward to it to say the least. Edit: Not sure why all the downvotes, so here is a citation. If someone has newer information about it, please post. > SpaceX President and COO Gwynne Shotwell told CNBC in May that the company “can’t go public until we’re flying regularly to Mars.” https://www.cnbc.com/2018/08/10/why-spacex-investors-arent-concerned-about-elon-taking-tesla-private.html https://www.cnbc.com/2018/08/10/why-spacex-investors-arent-c...
- ncallaway 6y ago
  I'm not down voting but I think there's a pretty big delta between "can't go IPO before X" and "will IPO once X"
  - mlindner 6y ago
    In my head those mean the exact same thing, so I'm not sure why you say there's such a big delta. The only difference is the connotation.
    - ncallaway 6y ago
      To me they are pretty different. "A will happen once X" to me means X is a necessary and sufficient condition for A happening. "B can't happen before X" implies that X is a necessary condition, but it does not imply sufficiency to me. If someone says: "I will give you a million dollars once you do a dance", I understand that as a commitment to provide me with a million dollars after I do a dance. If someone says: "I can't give you a million dollars before you do a dance", I understand that dancing is a requirement for getting the million dollars, but I understand there may be other requirements as well (or they may not be willing to provide the money at all).
- Galaxity 6y ago
  You are probably being downvoted because you seem to be saying you are looking forward to SpaceX's IPO, while trips to Mars are just the mechanism. Sort of like the virgin galactic subreddit where everyone only talks about the stock. Spaceflight? Boring. A stock IPO? Can't wait! It's pretty depressing.
  - cryptoz 6y ago
    Oh? I didnt mean to do that. I'm all about the Mars trips themselves and not the stock, for what it's worth. I look forward to both because both are signs of a strong future for the civilizations on Mars.
- sunstone 6y ago
  I believe Musk has mentioned that Starlink will IPO in order to fund SpaceX.
kwertyoowiyop 6y ago
Next week he will probably announce that he’s already funded it via Dogecoin speculation.
Jabbles 6y ago
Elon could also keep it private and fund it himself "in a heartbeat" by selling a small portion of his Tesla stock.

cryptoz 6y ago

Last I heard, SpaceX will IPO once there are regular trips to Mars with Starship. Looking forward to it to say the least. Edit: Not sure why all the downvotes, so here is a citation. If someone has newer information about it, please post. > SpaceX President and COO Gwynne Shotwell told CNBC in May that the company “can’t go public until we’re flying regularly to Mars.” https://www.cnbc.com/2018/08/10/why-spacex-investors-arent-concerned-about-elon-taking-tesla-private.html https://www.cnbc.com/2018/08/10/why-spacex-investors-arent-c...

ncallaway 6y ago
I'm not down voting but I think there's a pretty big delta between "can't go IPO before X" and "will IPO once X"
- mlindner 6y ago
  In my head those mean the exact same thing, so I'm not sure why you say there's such a big delta. The only difference is the connotation.
  - ncallaway 6y ago
    To me they are pretty different. "A will happen once X" to me means X is a necessary and sufficient condition for A happening. "B can't happen before X" implies that X is a necessary condition, but it does not imply sufficiency to me. If someone says: "I will give you a million dollars once you do a dance", I understand that as a commitment to provide me with a million dollars after I do a dance. If someone says: "I can't give you a million dollars before you do a dance", I understand that dancing is a requirement for getting the million dollars, but I understand there may be other requirements as well (or they may not be willing to provide the money at all).
Galaxity 6y ago
You are probably being downvoted because you seem to be saying you are looking forward to SpaceX's IPO, while trips to Mars are just the mechanism. Sort of like the virgin galactic subreddit where everyone only talks about the stock. Spaceflight? Boring. A stock IPO? Can't wait! It's pretty depressing.
- cryptoz 6y ago
  Oh? I didnt mean to do that. I'm all about the Mars trips themselves and not the stock, for what it's worth. I look forward to both because both are signs of a strong future for the civilizations on Mars.
sunstone 6y ago
I believe Musk has mentioned that Starlink will IPO in order to fund SpaceX.

kwertyoowiyop 6y ago

Next week he will probably announce that he’s already funded it via Dogecoin speculation.

Jabbles 6y ago

Elon could also keep it private and fund it himself "in a heartbeat" by selling a small portion of his Tesla stock.