4 points | by alex_young12 hours ago
What’s the purpose of an IPO these days?
SpaceX alone got a whopping $2.8 billion in government contracts last year, and has gotten a total of $15.3 billion from the government since 2003.
Along with the money SpaceX has been awarded by the US government, the company requested an $885 million subsidy for its Starlink satellite broadband service to serve rural communities, but was denied by the Federal Communications Commission. The company has since appealed that decision.
~ https://www.theinformation.com/articles/inside-spacexs-lucra...