Why is SpaceX going public?
Published: (March 3, 2026 at 09:30 AM EST)
1 min read
Source: The Verge
Source: The Verge
Background
I am excited about the SpaceX IPO for all the reasons investors shouldn’t be. Maybe it’ll be a real marquee moment for Silicon Valley, but I see the potential for a shitshow. After all, more than a decade ago, Musk said that SpaceX going public before going to Mars would be bad for the company.
Musk’s stance on public markets
Elon Musk has been very clear about his feelings on publicly traded companies. Specifically, he doesn’t like them.
“I am hesitant to foist being public on SpaceX, especially given the long‑term nature of our mission.”
In 2013, Musk sent an email to SpaceX, which his biographer Ashlee …
Read the full story at The Verge.