They want to go public, but have to sell the hell out of it in the meantime.
I'll bet SpaceX financials aren't as great as some people think. Remember, Elon was the guy who tried to take Tesla private, and talked a lot of smack about how silly it is to be a public company. All of a sudden he wants SpaceX to go public?
Musk has a pattern here - he used Tesla the same way, diverting resources to xAI and treating it as a funding vehicle for other ventures. Once he started doing that, Tesla's financials got murky and harder to trust. Now he's doing it with SpaceX right before the IPO. For investors, that's not 'too big to fail' protection - it's a red flag that the company finances are entangled with his personal empire instead of focused on the core business.
"The oil companies! The oil companies!". Yeah, they only lie, nobody needs their products! We all hate it! Buy a car from a good company with honest leadership, like Tesla (made of oil products)!
>"I have a heavy and high performance EV (Tesla Model S) and I have replaced my tires twice in the last six years. So it’s about the same as an ICE vehicle in that regard."
Well no, it's not "the same". We have things like physics to tell us that more torque and more weight means more tire wear, despite your anecdote. There are even studies on this. They also have a greater impact on road wear.
EVs have many advantages over ICEs. I don't understand why people have to lie and say they are worse nowhere.
They were saying "the same" in context of how often you have to replace the tires. Now, EV tires are often a slightly different compound (and more expensive) to deal with the higher weight and torque. I don't know how that plays into the particle emissions from those tires though.
I'll bet SpaceX financials aren't as great as some people think. Remember, Elon was the guy who tried to take Tesla private, and talked a lot of smack about how silly it is to be a public company. All of a sudden he wants SpaceX to go public?
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