[ericd]

Yeah, for sure, but it's also usually something that's a bit easier to trim when needed, unless they got way ahead of themselves and went deep into debt to do it. Most public companies have much worse debt:equity ratios.

[bandrami]

And if the IPO does a WeWork, SpaceX's debt:equity ratio gets really bad really fast

[ericd]

I guess we'll see soon :-)