EVsCleanTechnicaabout 4 hours ago
Musk Reverses Stance, Plans SpaceX IPO
1 min read
Elon Musk previously said he would not take SpaceX public due to the stress of Tesla's public life. Two factors changed his mind: SpaceX became profitable in 2024, largely from Starlink revenue, and the company now has a stable, predictable revenue stream. Musk also merged Twitter and xAI into SpaceX during financial crises. The IPO is now coming.
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