Elon Musk on Wednesday lent credibility to rumors about a SpaceX initial public offering via a social media interaction with Ars Technica space reporter Eric Berger.
“As usual, Eric is accurate,” Musk said, responding to Berger’s post titled, “Here’s why I think SpaceX is going public soon,” with a link to his Ars Technica piece on the company’s apparent public listing intentions. Musk has said in the past that the company would not go public until its cash flow had become predictable.
The social media interaction followed Tuesday reports from Reuters and other outlets indicating SpaceX hopes to secure more than $25 billion via an IPO next year, potentially elevating its market value to more than $1 trillion….