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SpaceX President: Musk is irreplaceable in company governance; going public now is to meet the needs of large-scale expansion
Regarding why they chose to go public now, Shotwell said that in the early stages, the company was uncertain about whether to list because, as a private company, SpaceX could focus more on long-term goals without the pressure of Wall Street quarterly performance, maintaining a high pace of innovation and long-term decision-making. Now, the timing is right. The commercialization of Starlink has laid a solid foundation, and new businesses like AI computing are rapidly developing. The company has reached a stage where large-scale expansion is necessary. The main purpose of going public is to raise huge capital to support Starship development, global deployment of Starlink, and other high-investment projects, all of which are very "costly." Going public is a natural step for the company to shift from focused execution to scaled growth, allowing it to obtain the funds needed for development while maintaining SpaceX's core culture.
Shotwell also discussed SpaceX's future. In the long term, AI, robotics, and autonomous driving will generate enormous computing and communication demands, benefiting Starlink. Meanwhile, Starship is the key next step, significantly reducing launch costs and supporting future businesses like orbital computing.