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ben_w • today at 12:09 AM • 1 reply • view on HN

Same reason they take private investments or loans: To grow faster than would be possible without that.


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stingraycharles • today at 2:38 AM

That’s the old style IPO though, most IPOs nowadays do not actually raise money.

SpaceX made that even more clear by doing an explicit offering of shares to raise money just months after their IPO, which didn’t raise them any money at all but was just for investors and employees.

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