Yea it's really infuriating. I am a huge space fan in general, and when I see people making negative comments about starship blowing up it just frames them as unintelligent or unaware of how effective spacexs engineering processes are.
Build, fail, repeat. All of those steps are on purpose.
SpaceX isn't having an IPO. They are selling shares, which they have done many times in the past. That's different from listing your shares on a public stock exchange.
To clarify after further research what they are doing is called a "Tender Offer"