If SpaceX Goes Public, What Does That Mean for Space Exploration?
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If SpaceX Goes Public, What Does That Mean for Space Exploration?
"The move could raise tens of billions of dollars for SpaceX, but there's more than money at stakethe future of space exploration hangs in the balance, too. SpaceX is integral to numerous critical missions with both NASA and the Pentagon, including ferrying crew and cargo to the International Space Station, placing satellites in orbit and being key to NASA's plan to return astronauts to the moon by 2028."
"There was a sense that Musk might take Starlink, a subsidiary of SpaceX, public because it makes so much money but not that he would do so with the whole company, Weinzierl says. If SpaceX goes public, that will mean more scrutiny, more shareholder interest and perhaps most critically for space science more investment to bolster its research and development work."
SpaceX, once nearly bankrupt in the 2000s, is considering an IPO that could value the company up to $1.5 trillion and raise tens of billions of dollars. The decision would affect corporate finances and the trajectory of space exploration, given SpaceX's central role in NASA and Pentagon missions, including crew and cargo transport to the International Space Station, satellite launches, and supporting NASA's plan to return astronauts to the moon by 2028. Starlink's rapid growth, company ambitions for Mars, and potential increased scrutiny, shareholder influence, and R&D investment would reshape the aerospace landscape.
Read at www.scientificamerican.com
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