Elon Musk says at SpaceX ‘we never think about the quarter’

 

Elon Musk says at SpaceX ‘we never think about the quarter’—and he’s in no rush to spin off Starlink given the ‘tremendous distraction’ of being public like Tesla

Dec 23, 2023

https://finance.yahoo.com/news/elon-musk-says-spacex-never-005018071.html

“At SpaceX, we never think about the quarter. We never think about it, and we don't think about the stock price," Musk said this week during a Spaces conversation hosted by ARK Investment Management CEO Cathie Wood.

As he knows from leading Tesla, there’s “immense pressure on a public company to not have a bad quarter. So this can actually result in a less efficient operation, where you're going to great lengths at the end of a quarter to not disappoint people.”