Chicken Genius thinks SpaceX, Tesla, Boring Company and Neuralink are stronger separately. Any gigantic accident with SpaceX would not take down the other companies.
All Tesla shareholders and others want access to SpaceX. Starlink can be IPOd in a few years and it will be a massive company on its own. People will get access to the main money-making business of SpaceX.
The reason Elon has not IPOd all of SpaceX still stands. The Public markets will not be able to handle the large investments he will make to colonize Mars.
He argues that the conglomerate board structure would be distracting to Elon. He argues that the lack of purer plays would make it more difficult for capital market support.
Non-Tesla and non-Elon fans have trouble understanding the Tesla electric car business and the Tesla Energy business. The Tesla Energy business is completely ignored in terms of Tesla valuation.
Elon can get plenty of funding for anything he d