One thing the article does not mention is that Pacific International Lines (which is the parent company of Singamas) is a Singapore company. But Pacific International Lines is not a listed company. Teo Siong Seng is also the executive chairman of Pacific International Lines.
An investor group (SOC Investment Group) that advises pension funds said this: "We are specifically concerned that SpaceX's IPO will expose numerous investors – many unwillingly – to a company whose value may decline once its financial disclosures can be independently assessed and verified".
This indicates that institutions are now paying attention to the SpaceX IPO, and will likely take steps to protect their funds and their customers' funds from become SpaceX exit liquidity.
Getting a lot of mixed messages from the media these days.
On one side we have the LinkedIn crowd saying that young people need to be "hungry" and work longer hours for less pay. Then on the other side we have the government urging us to have more babies sooner. But we only have 24 hours in a day, 365 days in a year.
So are we supposed to make more tax dollars or more kids?