Part 3/7:
With such impressive growth, many speculate whether SpaceX will go public soon. The likelihood of an imminent IPO, however, appears low. Elon Musk is known for his desire to maintain control over his companies. An IPO typically necessitates an increase in external oversight, which Musk is reluctant to embrace, as it could stifle innovation and control.
Potential Subdivisions
Musk has hinted at a split between SpaceX and Starlink, its satellite internet service, which is estimated to account for around 70% of SpaceX's profit. Should they separate, an IPO for Starlink could become a reality, attracting substantial investment and potentially funding SpaceX's deeper ambitions, such as missions to Mars.