SpaceX is preparing for an IPO despite a history of OSHA violations and $115,850 penalties for safety lapses, raising concerns about its corporate accountability. The company's Starbase facility in Texas has faced repeated safety issues, including a fatal incident involving a contractor, Jose Luis Bautista. Critics argue SpaceX’s IPO, supported by $20 billion in debt financing and rushed regulatory changes, prioritizes investor payouts over worker safety.

The SEC’s lax rules and index fund mandates may force passive investors to absorb risks, while insiders cash out via $2.413 billion in pre-IPO share sales.