You live in a dictatorship of the bourgeoisie, i.e. a liberal democracy where the bourgeoisie (owners of the means of production) dictate the laws.

State owned companies work for the interests of the ruling class, in this case the bourgeoisie, so you can bet it is subsidized by the people and the ruling class (and their businesses) benefit off it. (Socializing losses and privatizing profits)

If it was owned by say Elon Musk, it wouldn’t be any different for the regular working class people. Only the relations between the bourgeoisie may change.