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by nDRDY 17 days ago
Can this be called "Capitalism" when SpaceX is now a public company?
2 comments

Public in this context just means publicly listed on a stock exchange.

It does not mean it is state-owned.

State ownership is just a proxy for public ownership.
Doesn't that depend on the form of government the state has?

(For example, state ownership under an absolute monarchy doesn't seem like a proxy for public ownership.)

The word "public" doesn't mean that in this case. It's still a private company.