SpaceX's IPO Bagship carries full payload of Elon's mistakes(jamesthomason.com)
jamesthomason.com
SpaceX's IPO Bagship carries full payload of Elon's mistakes
https://jamesthomason.com/spacex-ipo-bagship-carries-full-payload-of-elons-mistakes/
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This summary misses a lot of the interesting points / numbers he pulled out.
thx
The thesis: SpaceX has filed an S-1 to IPO at a $1.75 trillion valuation, raising up to $75 billion. The author argues the offering's main purpose is using public money to bail out the failing X (Twitter) and xAI businesses Musk previously acquired, while enriching insiders.