In SpaceX’s IPO, Elon Musk is the risk factor

The SpaceX IPO is here, and it’s more than just an historic public offering that could make Elon Musk the world’s first trillionaire. It also reveals more ways in which Elon Musk’s companies interact and overlap with each other, shuffling money around in ways that are often difficult to keep track of.

This is evident in ways that are both obvious and less so. A CTRL-F search for “Tesla” yields 87 results, “xAI” is mentioned 356 times, “Grok” 243 times, and “X” 267 times. Even the “Boring Company” (7 times), “Neuralink” (3), and “Optimus” (1) get a few mentions. Throughout its 330 pages of rocket launches and interplanetary wishes, you can …

Read the full story at The Verge.

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