Musk Explains SpaceX's IPO Reason: Entering Capital Expansion Phase, More Predictable Revenue

On June 4th, Musk explained at the investor launch event for SpaceX's IPO hosted by JPMorgan why SpaceX chose to go public at this time: First, SpaceX is entering a growth phase that requires substantial capital investment, as it is set to deploy 100,000 V3 satellites and build an AI data center in space; Second, the revenue is now more predictable than before.