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I wonder if the recent announcement spurred them into making a move now rather than later.
by nebula8804 8mo ago
I wonder if the recent announcement spurred them into making a move now rather than later.
- tyre 8mo agoThe merger was most likely now because they have to do it before the IPO. After the IPO, there’s a whole process to force independent evaluation and negotiation between two boards / executives, which would be an absolute dumpster fire where Musk controls both. When they’re both private, fine, whatever.
- justaboutanyone 8mo agoFirst thing a public spacex would want to do is sell off all the non-spacex crap
- tyre 8mo agoA public SpaceX will still be run by Musk. A public SpaceX would have to sell assets like X for a huge loss given its debt load, which would also take a propaganda machine out of Musk’s hands. They’re stuck with those assets.