3 ms·
in a way i suppose. Tesla being public almost killed teh entire company when the shorts came after them. SpaceX being (and remaining) private is probably 25% of
by chasd00 3y ago
in a way i suppose. Tesla being public almost killed teh entire company when the shorts came after them. SpaceX being (and remaining) private is probably 25% of the reason they're able to accomplish what they can accomplish. Imagine the stock price hit after the starship test, that would take so much time and effort to repair. Also, there's probably 100s of live cams all around Boca Chica spying and watching on every single test and weld. The stock price would fluctuate wildly based on what's happening on those cams. SpaceX remaining private is probably priority 1 on the financial side of things.
- ivalm 3y agoAt least a few years ago, spacex didn't do debt financing, which means that fluctuation of the stock price on the secondary market wouldn't matter... The company's finances are affected by the stock price only through cost of capital. If you aren't raising money or taking on debt then the co doesn't care about the stock price at all.