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I have a nice dream that Elon will build rocket and space enterprises, get them profitable, only to break them up and go public to allow them to be independent
by edgyquant 5y ago
I have a nice dream that Elon will build rocket and space enterprises, get them profitable, only to break them up and go public to allow them to be independent corporations and allowing real competition to begin (plus remove all his other business interests from each companies mission)
He could still rake in cash from their owned shares it would just be them creating a real public space sector for the good of humanity. This will never happen ofc, but I can dream.
- HWR_14 5y agoThat sounds like it might be even more profitable, but he already has more money than he knows what to do with. Besides, that seems less fun than being absolute dictator of mars.
- mlindner 5y agoHe has a lot of wealth, but he doesn't really have that much "money". He can't re-invest in SpaceX by selling SpaceX and then buying SpaceX again... He could diversify away from SpaceX and Tesla, but he doesn't seem very interested in that.
- mlindner 5y agoYou can't rake in cash from owned shares if they don't pay dividends and I don't think he has much interest in selling his shares. He's previously said repeatedly that SpaceX won't go public until there are regular flights to Mars, which will likely be after his death.