Gwynne Shotwell, president and COO of SpaceX, claims that the IPO is aimed at everyday Americans. Gwynne Shotwell, the right hand of Elon Musk at the rocket company, states that pressure from retail investors helped push a decision that was unclear for years.
SpaceX is launching Silicon Valley culture into space: from cheap rockets to selling a $28.5 trillion economy that doesn't even exist yet. In an interview aired by CNBC early this morning, Shotwell asserted that until relatively recently, it was uncertain whether SpaceX would go public, but the demand from regular folks pressured the company to make it happen.
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