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by dunmalg 967 days ago
SpaceX will never have an IPO because being publicly traded means ceding a certain degree of control. The founders' goal is to make life multiplanetary, and the typical goal of rando shareholders is to pump up the stock price. They don't want to have to deal with the latter. They may at some point spin off Starlink and IPO that, but not until it's fully deployed and not heavily dependent on frequent, super cheap, low bureaucratic friction launch services from SpaceX.
1 comments

https://www.reuters.com/business/aerospace-defense/spacex-fu...

They already have shareholders? And as you point out, if the founder really wanted to, he could have self-funded most of SpaceX (instead of buying X for example).

He's a public company CEO already - he has no qualms about taking SpaceX public.