Elon Musk has said that there will be no initial public offering (IPO) of SpaceX stock before humans have begun to settle Mars. “No near term plans to IPO SpaceX,” Musk wrote in a short message posted to Twitter June 6. “Only possible in very long term when Mars Colonial Transporter is flying regularly.”
The Mars Colonial Transporter is a conceptual vehicle that Musk has discussed as part of his company’s stated long-term goal: sending human settlers to Mars.
Solar City and Tesla Motors are now publicly traded companies which provide Elon Musk with about $3 billion of his net worth.
Going public with Spacex would constrain his ability to achieve ambitious goals like settling Mars which would conflict with quarterly profit maximization.
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.