[Elon Musk Explains Reason for SpaceX IPO: Entering Capital Expansion Phase, Revenue More Predictable] On June 4, Elon Musk explained at the SpaceX IPO roadshow investor kickoff event hosted by JPMorgan why SpaceX chose this moment to go public: First, SpaceX is entering a growth phase requiring significant capital investment, including the deployment of 100,000 V3 satellites and the establishment of AI data centers in space; second, revenue has become more predictable than before.