Venality takes many forms, & public attention to the impending SpaceX IPO has largely focused on the absurdly high valuation Musk has attached to this company. But, as is always the case, there's a tax angle too. SpaceX has $1.9 billion in uncertain tax benefits.
www.theguardian.com/science/2026...
Analysts say IPO that could make Elon Musk the world’s first trillionaire has a ‘major disconnect’ on price
