3 ms·

Wait for the IPO next year and you'll find out!

• rst 14y ago
  It might well happen then if everything goes well, but I'm not sure they've ever given a specific date. In public statements that I've seen, Elon's been pretty consistent about saying he wants a "steady cadence of launches" before a public offering, because that's what it takes to convince Wall Street that something as exotic as a space launch company is a sustainable business, particularly if the CEO keeps talking about colonizing Mars. He went on in COTS-2/3 press conferences to define "steady cadence" as a launch a month or so, which would be a breakneck pace for any other organization on Earth. If they launch everything on their manifest successfully, they may be on path to do that by the end of next year --- but that, too is an ambitious goal. (Heck, even if he can produce all the rockets, his customers may not have the payloads ready!)
  • tsotha 14y ago
    The joke for many years has been "If you want to be a billionaire, take ten billion dollars and start a rocket company." Wall Street is right to be skeptical, though nobody has ever had this much success before.