SpaceX为何迟迟不上市？

Group 1 - The core viewpoint is that SpaceX prioritizes strategic control over capital, as Elon Musk emphasizes the need to avoid short-term pressures associated with public listings [2] - SpaceX has sufficient internal capital, having raised nearly $12 billion since its inception, making external fundraising seem unnecessary [3] - Starlink, which contributes about half of SpaceX's total revenue and is already profitable, is seen as a potential candidate for an IPO, possibly allowing SpaceX to maintain strategic control while accessing capital [4] Group 2 - The current capital market environment is not favorable for rocket companies, as the space sector is viewed as slow-growing, with challenges related to long-term investments and regulatory complexities [5] - SpaceX's strategy involves a dual approach of raising new funds while considering a potential spin-off of Starlink for a mid-term IPO, allowing for a careful evaluation of the necessity of a SpaceX IPO [6] - The decision not to go public is framed as a strategic choice to maintain freedom and avoid market constraints, aligning with Musk's vision of a multi-planetary civilization [6][7]