$ETH Elon Musk explains SpaceX IPO timing: capital-intensive growth, deploying 100,000 V3 satellites


According to Elon Musk's remarks at the June 4th SpaceX IPO roadshow at JPMorgan, the company is entering a capital-intensive growth phase, thus necessitating an IPO.
SpaceX plans to deploy 100,000 V3 satellites and build AI data centers in space.
Musk also pointed out that SpaceX's revenue has become more predictable, which also supports the decision to go public at this time.
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