SpaceX, IPO and Tesla
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Elon Musk's companies are intertwined. There's renewed speculation that his sprawling, intermingled business empire could see a Tesla mega merger.
But no April announcement seemed forthcoming, and at the end of April, Musk said on an earnings call that he hoped it would happen in about a month, meaning the end of May or the beginning of June. Now it’s early June and there’s no sign of the unveiling, but a new report in the Information finally has some detail. Sort of.
Eight years after SpaceX launched Elon Musk’s Tesla Roadster aboard the first Falcon Heavy mission, the car continues its journey around the Sun. Musk says it remains in an Earth-Mars orbit and could stay there for at least 10 million years.
To get a sense of the difference between the Tesla and SpaceX IPOs, consider that 1.7 billion seconds ago was 1972, when Elton John released Rocket Man, while 1.7 trillion seconds ago was 52,000BC, when we shared the planet with Neanderthals.
Tesla has once again shifted the timeline for its next-generation Roadster, pushing the long-promised public demonstration back to August 2026. This latest delay comes after Chief Executive Officer Elon Musk missed a string of self-imposed deadlines,
Tesla has pushed its planned Roadster public demo to August or later as SpaceX cold gas thruster system needs more work, marking yet another delay for the 2017 prototype.
